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.

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Definitions:

Protons

Positively charged subatomic particles found in the nucleus of an atom, determining the atomic number of an element.

Electrons

Subatomic particles with a negative charge, orbiting the nucleus of atoms and playing a key role in chemical reactions and electricity.

Proton Acceptor

A chemical entity that receives protons (hydrogen ions) in a chemical reaction, often measured in the context of acid-base chemistry.

Covalent Bond

The chemical bond involving shared pairs of electrons; may be single, double, or triple (with one, two, or three shared pairs of electrons, respectively). Compare with ionic bond and hydrogen bond.