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  • 25-11-2022
  • Business
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A bicycle store sells 100 bicycles for $1,000 each. For each bicycle, the store buys the parts wholesale and then assembles the bicycle. Each frame costs $300, wheels cost $200 ($100 per wheel), and all other components cost $200. In addition, the store sells 100 frames for $400 and 100 wheels for $125 each.
What is the bicycle store's contribution to GDP?

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