In the first case, one pound of whole apples which are priced at $1.99/pound will contribute more towards an increase in the GDP as whole apples can be used by households, and business organizations and also can be used for exporting but sliced apples have a time duration within which it has to be used or else will lead to wastage. Hence, the first option can be chosen.
The standard measure of the value-added created via the manufacturing of products and services in a country all through a certain period is known as the Gross domestic product (GDP).
It additionally measures the profits earned from that manufacturing or the entire amount spent on final goods and services (less imports).
Hence, the first option can be chosen which is one pound of whole apples which are priced at $1.99/pound will contribute more towards an increase in the GDP.
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