calculate Net value addet at factor cost
Total sales 1000
decrease in stock 70
production for self consumption
120
purchase of raw material
300
Electricity charges
50income tax 20 export 150 goods & service Tax. 70
subsidy 40
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If a unit of clothes and amusement goods both cost $10, and if you have $80 to spend, the rational consumer will spend her money: MU/P is equal when three units of clothes and five units of amusement goods are purchased (MU/P = 1.4).
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Answer:
gvamp=total sales+production for self consumption-purchase of raw material-electricty
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