A Firm's Value Added Can Be Measured as the Value

question 7

Multiple Choice

A firm's value added can be measured as the value of its

• A) profits.
• B) purchases of inputs from other firms.
• C) total sales.
• D) total sales, less purchases from other firms.

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Definitions:

Ovum

The female reproductive cell or egg cell.

Zygote

The initial cell formed when a sperm cell fertilizes an egg cell, representing the earliest stage of embryonic development.

Prenatal Development

The process of growth and development within the womb from conception to birth.

Germinal

Relating to the earliest stage of development of an organism, particularly the period from fertilization to implantation in pregnancy.