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Non-Competitive Markets

Question
CBSEENEC12012596

From the following data, calculate gross value added at FC.    

   

(र in lacs)

(i)

Sales

180

(ii)

Rent

5

(iii)

Subsidies

10

(iv)

Change in stock

15

(v)

Purchase of raw materials

100

(vi)

Profits

25

Solution
GVA at FC = 180 + 15 - 100 + 10 = 105 lacs.