Value-added means value of
Answer : Option A
Explanation : Value added is an economic term to express
the difference between the value of goods and
the cost of materials or supplies that are used
in producing them. It is a measure of economic
activity which eliminates the duplication inherent in the sales value figure which results from
the use of products of some establishments as
materials or services by others. So it is of goods
and services less cost of intermediate goods and
services.
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