Non-Competitive Markets

Question

Calculate value of output from the following data :

(in lacs)

(i)

Net value added at FC

100

(ii)

Intermediate consumption

75

(iii)

Excise duty

20

(iv)

Subsidy

5

(v)

Depreciation

1

Solution

Value of output = 100 + 75 + 20 - 5 + 10 = र 200 lakhs.
Note : Value of output always means value of gross output at MP unless stated otherwise.

Some More Questions From Non-Competitive Markets Chapter

What is meant by macroeconomics?
Give two examples of macroeconomic studies.
Why is study of problem of unemployment in India a macroeconomic study?

Define microeconomics.

Distinguish between microeconomics and macroeconomics.
Give an example of showing the difference between microeconomics and macroeconomics.

National Income (NI)

Final Goods and Intermediate Goods

Giving reasons categorise the following into intermediate products and final products:
(i) Furniture purchased by a school
(ii) Chalks, dusters purchased by a school.

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Non-Competitive Markets

Calculate value of output from the following data :

(in lacs)

(i)

Net value added at FC

100

(ii)

Intermediate consumption

75

(iii)

Excise duty

20

(iv)

Subsidy

5

(v)

Depreciation

1

Some More Questions From Non-Competitive Markets Chapter

What is meant by macroeconomics?
Give two examples of macroeconomic studies.
Why is study of problem of unemployment in India a macroeconomic study?

Define microeconomics.

Distinguish between microeconomics and macroeconomics.
Give an example of showing the difference between microeconomics and macroeconomics.

National Income (NI)

Final Goods and Intermediate Goods

Giving reasons categorise the following into intermediate products and final products:
(i) Furniture purchased by a school
(ii) Chalks, dusters purchased by a school.

Consumption Goods and Capital Goods

Flow and Stock Concepts

Giving reasons categorise the following into stocks and flows:
(i) Losses (ii) Capital (iii) Production (iv) Wealth.

Gross Investment and Net Investment

Mock Test Series

NCERT Sample Papers

Entrance Exams Preparation

Phone Number

Email Address

Location

(i)	Net value added at FC	100
(ii)	Intermediate consumption	75
(iii)	Excise duty	20
(iv)	Subsidy	5
(v)	Depreciation	1

For Daily Free Study Material Join wiredfaculty

Non-Competitive Markets

Calculate value of output from the following data : (in lacs) (i) Net value added at FC 100 (ii) Intermediate consumption 75 (iii) Excise duty 20 (iv) Subsidy 5 (v) Depreciation 1

Some More Questions From Non-Competitive Markets Chapter

What is meant by macroeconomics?Give two examples of macroeconomic studies. Why is study of problem of unemployment in India a macroeconomic study?

Define microeconomics.

Distinguish between microeconomics and macroeconomics.Give an example of showing the difference between microeconomics and macroeconomics.

National Income (NI)

Final Goods and Intermediate Goods

Giving reasons categorise the following into intermediate products and final products:(i) Furniture purchased by a school(ii) Chalks, dusters purchased by a school.

Consumption Goods and Capital Goods

Flow and Stock Concepts

Giving reasons categorise the following into stocks and flows:(i) Losses (ii) Capital (iii) Production (iv) Wealth.

Gross Investment and Net Investment

Mock Test Series

NCERT Sample Papers

Entrance Exams Preparation

Calculate value of output from the following data :

(in lacs)

(i)

Net value added at FC

100

(ii)

Intermediate consumption

75

(iii)

Excise duty

20

(iv)

Subsidy

5

(v)

Depreciation

1

What is meant by macroeconomics?
Give two examples of macroeconomic studies.
Why is study of problem of unemployment in India a macroeconomic study?

Distinguish between microeconomics and macroeconomics.
Give an example of showing the difference between microeconomics and macroeconomics.

Giving reasons categorise the following into intermediate products and final products:
(i) Furniture purchased by a school
(ii) Chalks, dusters purchased by a school.

Giving reasons categorise the following into stocks and flows:
(i) Losses (ii) Capital (iii) Production (iv) Wealth.