Calculate intermediate consumption from the following data :

(र in lacs)

(i)

Value of output

200

(ii)

Net value added at FC

80

(iii)

Sale tax

15

(iv)

Subsidy

5

(v)

Depreciation

20

Solution

Gross value added = Value of output - Intermediate consumption
Intermediate consumption = Value of output (at MP)
- Gross value added at MP
= 200 - (80 + 20 + 15 - 5) = र 90 lacs

Some More Questions From Non-Competitive Markets Chapter

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 intermediate consumption from the following data :

(र in lacs)

(i)

Value of output

200

(ii)

Net value added at FC

80

(iii)

Sale tax

15

(iv)

Subsidy

5

(v)

Depreciation

20

Some More Questions From Non-Competitive Markets Chapter

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

Domestic (Economic) Territory

Mock Test Series

NCERT Sample Papers

Entrance Exams Preparation

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Email Address

Loaction

		(र in lacs)
(i)	Value of output	200
(ii)	Net value added at FC	80
(iii)	Sale tax	15
(iv)	Subsidy	5
(v)	Depreciation	20

For Daily Free Study Material Join wiredfaculty

Non-Competitive Markets

Calculate intermediate consumption from the following data : (र in lacs) (i) Value of output 200 (ii) Net value added at FC 80 (iii) Sale tax 15 (iv) Subsidy 5 (v) Depreciation 20

Some More Questions From Non-Competitive Markets Chapter

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

Domestic (Economic) Territory

Mock Test Series

NCERT Sample Papers

Entrance Exams Preparation

Calculate intermediate consumption from the following data :

(र in lacs)

(i)

Value of output

200

(ii)

Net value added at FC

80

(iii)

Sale tax

15

(iv)

Subsidy

5

(v)

Depreciation

20

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.