c----of p---- is the different stages that a product has to pass through before they are sold
g----d----p-----is the total value of goods and services produced b a country in a year
The first one looks like cycle of production, but I'm not sure about it.
The second one looks like gross domestic product, I'm a little more confident about that one.
You are correct with both answers.
The first one, "cycle of production," refers to the different stages that a product goes through before it is finally sold. This process involves various steps such as research and development, design, production, marketing, distribution, and finally, sales. Each stage contributes to the overall success of the product in the market.
To arrive at this answer, I analyzed the context of the given hint and broke down the phrase "different stages that a product has to pass through before they are sold." By considering the logical progression that products generally undergo, the term "cycle of production" became the most suitable explanation.
The second one, "gross domestic product (GDP)," is indeed the total value of goods and services produced within a country's borders in a specific time period, typically a year. It is an essential economic indicator that reflects the overall health and growth of a country's economy.
To determine this answer, I observed the clue "total value of goods and services produced by a country in a year." Analyzing the context of the hint and considering the commonly used economic term, "gross domestic product" emerged as the accurate explanation.
I hope this clarifies your doubts. If you have any more questions, feel free to ask!