The value added of a producer is the O value of its total sales once externalities are accounted for. quality-adjusted amount of its total sales less any commissions paid. value of its output minus the value of the inputs it purchases from other producers. total amount for which all its products sell minus its change in inventories.

ENGR.ECONOMIC ANALYSIS
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ISBN:9780190931919
Author:NEWNAN
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Chapter1: Making Economics Decisions
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The value added of a producer is the
value of its total sales once externalities are accounted for.
quality-adjusted amount of its total sales less any commissions paid.
value of its output minus the value of the inputs it purchases from other producers.
total amount for which all its products sell minus its change in inventories.
Transcribed Image Text:The value added of a producer is the value of its total sales once externalities are accounted for. quality-adjusted amount of its total sales less any commissions paid. value of its output minus the value of the inputs it purchases from other producers. total amount for which all its products sell minus its change in inventories.
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