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0 votes
11.8k views
in Economics by (106k points)

Calculate Net Value Added at Factor Cost

(Items) (Rs. in crore)
(i) Consumption of Fixed Capital 600
(ii) Import Duty 400
(iii) Output Sold (units) 2000
(iv) Price per unit of output 10
(v) Net Change in Stock (-) 50
(vi) Intermediate Cost 10000
(vii) Subsidy 500

1 Answer

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by (11.6k points)
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Best answer

 NVAFC = (iv x iii) + (v) - (vi) - (ii) + (vii)- (i) 

= [Output sold x Price Per Unit] + [Change in stock] - [Intermediate Cost] - [Import Duty] + [Subsidy] - Consumption of Fixed Capital. 

= [2,000 x 10] + [- 50] - [10,000] - [400] + [500] - [600] = 20,000 - 50 - 10,000 - 400 + 500 - 600 

= [20,000 + 500] - [50 + 10,000 + 400 + 600] 

= [20,500] - [11,050] 

NVAFC =Rs.9,450 crore

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