Sen & t Imagine that a country produces only three goods: apples, bananas, end cerrots The quantties produced and the pices af goods are listed below Gnoda Apples Bananas Carrots Produced Price 12:00 1.50 12 22 1.00 Instructions: Round your answers to 2 decimal places. a. What is this country's GDP? b. Suppose that a drought hits the country, causing the quantity of apples produced to fall to 3. Assuming that all prices remain constant, what is this country's new level of GDP? Assume, once again, that the quantities produced and the prices of the three goods are as listed in the table. Given this situation, rrot sellers decide that the price of carrots is too low and agree to raise the price of carrots. If GDP is $80.00, what will be the new ce of carrots? per carrot

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