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Non-Competitive Markets

Question
CBSEENEC12012606
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From the following data calculate 'net value added at factor cost'.

(र in crore)

(i)

Purchase of intermediate goods

500

(ii)

Sales

750

(iii)

Import of raw material

50

(iv)

Depreciation

60

(v)

Net indirect taxes

100

(vi)

Change in stock

(-) 30

(vii)

Exports

20

Solution

Net value added at FC = (ii) + (vi) - (i) - (iv) - (v)
= 750 + (-30) - 500 - 60 - 100 = 60 crore.
(Note: Sales include exports and purchase of intermediate goods includes imports.)
Note : For more numericals, see Q. 6.26 on combined methods.

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