Question

each stage, the producer paid for these inputs produced by someone before.
the value of Rs. 5000 worth of hotel items sold by hotelier (final good)
includes Rs. 3600, the value of rice and husk used as physical inputs. This
made by the hotelier but he only purchased them from the rice miller. S
e rice and husk produced by the miller at Rs. 3600 already includes the
ysical input paddy (Rs. 2500) purchased by him. He did not produce pa
mer produced this in stage 1. To count the value of the rice and paddy s
ans counting the value of the same things a number of times - first
would be double count
all the in between or intermediate goods
as rice and husk and finally as idli and dosa.
The good becomes final if it is not used further in producing goods
above example, if the rice had been bought by a family for their com
rould be the final point. Idli and dosa would be made by the
elves and not as goods to be sold.​

Answer 1

Explanation:

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