Practicing Success
Distribution of GDP's for Firms A and B are given:
Find the value added of firm A. |
₹50 ₹10 ₹40 ₹60 |
₹40 |
The correct answer is Option (3) → ₹40 To find the value added for Firm A, we use the formula: Value Added=Sales−Intermediate For Firm A:
So, Value Added=₹50−₹10 =₹40 |