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Question : 6
Total: 49
Complete the table:
| Producer | Value of output | Intermediate Consumption | Value Added |
|---|---|---|---|
| Farmer Banker Retail Seller | 2,000 .....(i)..... 4,400 | - 2,000 .....(iii)..... | 2,000 2,000 400 |
| Total | .....(ii)..... | 6,000 | .....(iv)..... |
Solution:
(b) 4000 , 10400 , 4000 , 4400
Explanation:
Value of output = Value of added + Intermediate Consumption
(i) Value of production( 4000 ) = ( 2000 ) +
(ii) Total value of production= 2000 + 4000 + 4400 = 10400
(iii) Value of production (Baker) = Intermediate consumption (Retailer seller)= 4000
(iv) Value added= 2000 + 2000 + 400 = 4400
Explanation:
Value of output = Value of added + Intermediate Consumption
(i) Value of production
(ii) Total value of production
(iii) Value of production (Baker) = Intermediate consumption (Retailer seller)
(iv) Value added
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