Suppose in an economy there are only two firms A and B. Calculate Gross Domestic Product at Market Price from the given table.
Items Firm A Firm B Sales 50 Cr 200 Cr Change in stock +20 Cr -30 Cr Intermediate Consumption 0 100 Cr
Suppose in an economy there are only two firms A and B. Calculate Gross Domestic Product at Market Price from the given table.
| Items | Firm A | Firm B |
|---|---|---|
| Sales | 50 Cr | 200 Cr |
| Change in stock | +20 Cr | -30 Cr |
| Intermediate Consumption | 0 | 100 Cr |
Solution
✅ Correct Option: 2
Gross Value Added at MP (per firm) = Sales + Change in stock - Intermediate Consumption.
Firm A: .
Firm B: .
GDP at MP crore.
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