What numerical amount did glitter gulchs real output change

Reference no: EM13208868

Suppose that Glitter Gulch, a gold mining firm, increased its sales revenues on newly mined gold from $75 million to $150 million between one year and the next. Assuming that the price of gold increased by 100 percent over the same period, by what numerical amount did Glitter Gulch's real output change?

If the price of gold had not changed, what would have been the change in Glitter Gulch's real output?

Reference no: EM13208868

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