The Table Given Below Reports the Sales Value at Each

The table given below reports the sales value at each stage of production of the soft drink Pepsi.
Table 5.3
$\begin{array}{|l|c|}\hline {\text { Production Stage }} & \text { Sales Value } \\\hline \text { Sugar cane } & \$ 0.05 \\\hline \text { Processed sugar } & \$ 0.10 \\\hline \text { Wholesale Pepsi } & \$ 0.40 \\\hline \text { Pepsi in a vending machine } & \$ 0.60 \\\hline\end{array}$
-Refer to Table 5.3. Compute GDP according to the income approach if Pepsi is assumed to be the only good produced in the economy.

A) $1.05
B) $0.05
C) $0.20
D) $0.60
E) $0.40

Correct Answer:

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