Pls answer this.... .
Solution
GRoss value added = Value of output(sales + change in stock) - intermediate consumption
Gross value added by A = (5 + 1+ 7 + 9) - (3)
= 500 + 20 + 200 + 250 - 70
= 970 - 70
= 900 lakhs
GRoss value added = Value of output(sales + change in stock) - intermediate consumption
Gross value added by A = (5 + 1+ 7 + 9) - (3)
= 500 + 20 + 200 + 250 - 70
= 970 - 70
= 900 lakhs
Gross value added by B = 4 + 2 + 6 + 8 - 7
= 50 + 10+ 300 + 100 - 200
= 460 - 200
= 260 lakhs
gross value added by firm A and B = 900 + 260
= 1160 lakhs
= 50 + 10+ 300 + 100 - 200
= 460 - 200
= 260 lakhs
gross value added by firm A and B = 900 + 260
= 1160 lakhs