If a firm sold 700 worth of goods which cost 1000 to


If a firm sold $700 worth of goods which cost $1,000 to produce:

A. national income would no longer equal GDP.
B. the firm's loss needs to be subtracted from final sales so that income and output are still equal.
C. the firm's loss would not be added to national income.
D. national income would still equal GDP.

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Microeconomics: If a firm sold 700 worth of goods which cost 1000 to
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