Business, 29.02.2020 01:28 NostalgicErasXy

Consider the given simple economy. Sheepnip Co. makes sheep feed. Better-bald Inc. purchases sheep feed for the sheep it raises and sells wool. Sweeter Sweaters Inc. makes and sells wool sweaters. Sheepnip Co. Better-bald Inc. Sweeter Sweaters Inc. Sheep feed $0 $2200 $0 Wool $0 $0 $3800 Wages $700 $300 $550 Interest payments $400 $100 $50 Rent $1000 $450 $500 Profits $100 $750 $800 What is the total payments (income) to factors of Better-bald Inc.? $ What is the total payments (income) to factors of Sweeter Sweaters Inc.? $ What is the GDP for this economy?

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Consider the given simple economy. Sheepnip Co. makes sheep feed. Better-bald Inc. purchases sheep f...

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