Suppose in a hypothetical economy there are only two Firms A and B, Firm A sold goods for ₹ 2,000 to………………

Question 1:Suppose in a hypothetical economy there are only two Firms A and B, Firm A sold goods for ₹ 2,000 to Firm B and purchased goods for ₹ 1,000. Firm B exported goods for ₹ 2,500 and had domestic sales of ₹ 1,500. Calculate Net Domestic Product at market price, if consumption of fixed capital is ₹ 200.

The correct answer is –

Net Domestic Product at MP = Gross Domestic Product at Market price – Consumption of Fixed Capital
= 3,000 – 200 = ₹ 2,800