The table above gives the production and prices for a small ...

[plus1]

The table above gives the production and prices for a small nation that produces only bread and soda. The base year is 2010. What is real GDP in 2010?
 
  A) 530
  B) 1080
  C) 510
  D) 210
  E) 300

Question 2

In the figure, the unregulated market equilibrium occurs at a price of ________ a ton and quantity of ________ tons.
 
  A) 100; 4,000
  B) 150; 2,000
  C) 150; 4,000
  D) 225; 4,000
  E) 100; 2,000

[Danny Ewald]

Answer to Question 1

C

Answer to Question 2

A