Value Added Is Equal to the Value of a Firm's

question 35

Multiple Choice

Value added is equal to the value of a firm's production minus

• A)all of its costs of production.
• B)costs of production.
• C)investment expenditures.
• D)intermediate goods used in production.
• E)labour costs.

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Definitions:

F. Skinner

B.F. Skinner was a prominent American psychologist, behaviorist, author, inventor, and social philosopher known for his work in the field of behaviorism and the development of the operant conditioning chamber.

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A transformation within an organization or individual's behavior that is lasting and not reversible.

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