{ (in lakhs) S.No. (1) Value of Output (ii) Net value Added at Factor Cost (iii) | Sales Tax (iv) Subsidy (v) Depreciation Contents 200 80 15 5 20

ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
icon
Related questions
Question

Calculate the intermediate consumption fast

S.No.
Contents
? (in lakhs)
(1) Value of Output
(ii) Net value Added at Factor Cost
(ii) | Sales Tax
(iv) Subsidy
(v) Depreciation
200
80
15
5
20
Ans. Intermediate Consumption = Value of Output
- Net Value Added
-
at Factor Cost (NVAFC)+ Depreciation + (Sales Tax-
Subsidy)
= 200-[80+ 20+ (15-5)]
= Rs. 90 lakh
%3D
Transcribed Image Text:S.No. Contents ? (in lakhs) (1) Value of Output (ii) Net value Added at Factor Cost (ii) | Sales Tax (iv) Subsidy (v) Depreciation 200 80 15 5 20 Ans. Intermediate Consumption = Value of Output - Net Value Added - at Factor Cost (NVAFC)+ Depreciation + (Sales Tax- Subsidy) = 200-[80+ 20+ (15-5)] = Rs. 90 lakh %3D
Expert Solution
steps

Step by step

Solved in 2 steps

Blurred answer
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
Economics
ISBN:
9780190931919
Author:
NEWNAN
Publisher:
Oxford University Press
Principles of Economics (12th Edition)
Principles of Economics (12th Edition)
Economics
ISBN:
9780134078779
Author:
Karl E. Case, Ray C. Fair, Sharon E. Oster
Publisher:
PEARSON
Engineering Economy (17th Edition)
Engineering Economy (17th Edition)
Economics
ISBN:
9780134870069
Author:
William G. Sullivan, Elin M. Wicks, C. Patrick Koelling
Publisher:
PEARSON
Principles of Economics (MindTap Course List)
Principles of Economics (MindTap Course List)
Economics
ISBN:
9781305585126
Author:
N. Gregory Mankiw
Publisher:
Cengage Learning
Managerial Economics: A Problem Solving Approach
Managerial Economics: A Problem Solving Approach
Economics
ISBN:
9781337106665
Author:
Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor
Publisher:
Cengage Learning
Managerial Economics & Business Strategy (Mcgraw-…
Managerial Economics & Business Strategy (Mcgraw-…
Economics
ISBN:
9781259290619
Author:
Michael Baye, Jeff Prince
Publisher:
McGraw-Hill Education