For a firm, value added can be defined as the difference ...
For a firm, value added can be defined as the difference between the
Input prices and product prices
Value of its output and inputs purchased from other firms
Value of its output and the cost of production
Total revenue and total cost
Correct answer is B
No explanation has been provided for this answer.
A demand curve slopes downwards because of ...
Which of the following is NOT a factor determining supply? ...
An industry is best described as ...
An industry is described as a group of firms ...
Tariff can be define as a compulsory levy on ...
In a perfect competition, the market price is determined by_______ ...
Given a consumption function C = 10 + 0.6Y, determine the value of C if Y is 20 ...
In Economics, want means…………aspiration ...
In the process of production, total output is at maximum when ...