Determine the amount contributed to GDP from the sale of 200,000 copies of an album.Base your answer on the following information:
The artist receives $3 per album in royalties.
The producer sells each album to wholesalers for $10.
Wholesalers sold the album to retailers for an average price of $12 per album.
Retailers sold 200,000 album s to consumers for $15 per album.
Demonstrate how the value-added approach equals the final sales approach.

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The Answer of Determine the amount contributed to GDP from the sale of 200,000 copies of an album.Base your answer on the following information:
The artist receives $3 per album in royalties.
The producer sells each album to wholesalers for $10.
Wholesalers sold the album to retailers for an average price of $12 per album.
Retailers sold 200,000 album s to consumers for $15 per album.
Demonstrate how the value-added approach equals the final sales approach.

Determine the Amount Contributed to GDP from the Sale of 200,000