Basis of the difference between the concepts of market price and factor cost is: (1)
(a) Direct taxes
(b) Indirect taxes
(c) Subsidies
(d) Net indirect taxes
Answers
Answered by
3
Answer is Net indirect taxes (NIT)
If we add NIT in Factor cost we get Market price and similarly if we subtract NIT from market price then we get factor cost.
Hope it helps u...
Answered by
6
Explanation:
♡ ↪☛ Net indirect taxes
♡
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