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Non-Competitive Markets

Question
CBSEENEC12012597

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

   

(र in lacs)

(i)

Net indirect taxes

20

(ii)

Purchase of intermediate products

120

(iii)

Purchase of machines

300

(iv)

Sales

250

(v)

Consumption of fixed capital

20

(vi)

Change in stock

30

Solution
GVA at FC = 250 + 30 - 120 - 20 = 140 lacs.