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0 votes
15.6k views
in Economics by (76.1k points)

Find Net Value Added at MP

(i)Depreciation  700
(ii) Output sold ( units)  900
(iii) Price per unit of output 40 
(iv) Closing Stock  1000
(v) Opening Stock 800
(vi) Sales Tax 3000
(vii) Intermediate cost 20,000 

1 Answer

+1 vote
by (74.3k points)
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Best answer

GVOmp = sales + change in stock 

= (900 x 40) + (1000 – 800) 

= 36000 + 200 

GVOmp =36200

NVAmp = GVOmp – Intermediate consumption – depreciation

= 36200 – 20000 – 700 

NVAmp = 15500

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