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Gross value added at factor cost …

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Gross value added at factor cost Units of output sold 2000 Price per unit 20 Depreciation 2000 Change in stock -500 Intermediate cost 15000 Subsidy 3000

Posted by Pranjali Baranwal 6 years, 1 month ago

CBSE > Class 12 > Economics

2 answers

Prahlad Kumar 6 years, 1 month ago

GVAfc=sales+change in stock -intermifiate cost =40000+(-500)-15000=20000

Tikshika Kumari 6 years, 1 month ago

GVAfc=GDPfc= GDPmp -NIT =30,000 - (-3000) =30,000+3,000 =₹33,000 NIT= Indirect Tax - Subsidy = 0 - 3,000 = -3000 GDPmp= value of output - intermediate cost =45,000 - 15000 =30,000 Value of output = Sales - change in stock =40,000 - (-500) = 45,000 Sale= units of output sold * price per unit =2000*20 =40,000

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