How Can a Firm Have a Negative Valued Added,as Supposedly

question 235

Essay

How can a firm have a negative valued added,as supposedly some state-owned businesses did in the former Soviet Union? What has to be true for value added to be negative?

---

Definitions:

Speed and Reliability

Essential qualities of a service or system, indicating how quickly and dependably it meets its intended function or delivers its output.

Conversion

involves an unauthorized act that deprives an owner of personal property without their consent.

Impliedly

In a manner that is suggested or hinted at, rather than being directly stated or expressed.

Abandoned

Refers to property that has been left by its owner without any intention to reclaim or use it again.