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Question Practice

If a firm sells a product for Rs 500 and its intermediate goods cost Rs 200, what is its value added?

Attempt the question, check the explanation, and continue with similar questions to build confidence before exams.

MCQ_SA
CBSE
Class 12
Economics
Introductory Macroeconomics
National Income Accounting
Question Bank

If a firm sells a product for ...

Single Answer MCQ
Q-00088975

If a firm sells a product for Rs 500 and its intermediate goods cost Rs 200, what is its value added?

1

Rs 300

2

Rs 500

3

Rs 200

4

Rs 700

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