Suppose firm A sold raw material to firm B for Rs. 1000 and to firm C for Rs. 600. Firm B sold product partly to private consumers for Rs. 800 and the remaining product was exported Rs.600. Firm C part of its product to the government for Rs. 500 for public consumption and the remaining product worth Rs. 500 was unsold stock left with it. (Assume that A buys raw material) (i) Find the value added by firm A, firm B and firm C (ii) Total consumpution Expenditure (iii) Saving and Investment
Dear Vibhav,
The assumption 'A buys raw material' is ambiguous as there is no mention of the amount of raw materials bought by A. Please recheck the question and get back to us.
The assumption 'A buys raw material' is ambiguous as there is no mention of the amount of raw materials bought by A. Please recheck the question and get back to us.