Social Sciences, asked by velery, 10 months ago

What is value added method

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Answered by anuragpandey8582

2

Answer:

Value added refers to the addition of value to the raw material (intermediate goods) by a firm, by virtue of its productive activities. It is the contribution of an enterprise to the current flow of goods and services. It is calculated as the difference between value of output and value of intermediate consumption.

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