Sales by Firm A are Rs 80 crores and sales by firm B are Rs 300 crores. Value added by B and C are equal. Value of output of C and D are Rs 280 crores each. Value added by D is 120 crores and GDP at MP is Rs 520 crores. Assuming A's value of inputs are zero, calculate:
(i) Value added by firm B and firm C;
(ii) Value of Inputs of firm B;
(iii) Value of Inputs of firm C.
Answers
Answer:
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Explanation:
(i) Value added by firm B = Value added by firm C= Rs. 160 crores; (ii) Value of Inputs of firm B= Rs. 140 crores; (iii) Value of Inputs of firm C= Rs. 120 crores
Solution :
Given: Value added by firm B= Value added by firm C
Let the value added by firm B=x
It means: Value added by firm B = Value added by firm C=x
Value of Inputs of firm D
= Value of output - Value Added =280-120=160
Value of inputs of firm B and firm C are taken C are taken as VIB and VIC respectively
Answer:
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