Economy, asked by ronitsood2121, 11 months ago

discuss with your teacher how you could calculate the total value of a good or service by using the method of value added at each stage.

Answers

Answered by lovingheart

Explanation:

The total value of a good or service initially starts from the cost of manufacturing.
The manufacturing process involves the buying of the raw materials and the cost of the selection of the best raw materials for the industry.
In addition to this, the cost of production process involves the producing of a complete product until its finishing points.
Lastly, the delivery process includes final packaging and the cost of selling of the products to the customers.
In this way, at each stage, the cost is added.

To know more:

1) What is manufacturing?

https://brainly.in/question/1407327.

2) Define production process

https://brainly.in/question/3267855

Answered by brainlllllllllly

Explanation:

The total value of a good or service initially starts from the cost of manufacturing.
The manufacturing process involves the buying of the raw materials and the cost of the selection of the best raw materials for the industry.
In addition to this, the cost of production process involves the producing of a complete product until its finishing points.
Lastly, the delivery process includes final packaging and the cost of selling of the products to the customers.
In this way, at each stage, the cost is added.

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