Solved

The Concept of Value Added Refers to

Question 169

Multiple Choice

The concept of value added refers to


A) the amount paid in the final sale of a product or service.
B) the amount subtracted from the value of resources because of depreciation.
C) the amount subtracted from the value of goods because of inflation.
D) the increase in the value of a product that occurs at each stage of production.
E) the total value of all intermediate goods used in the production of the final good.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions