If the Value of Production Is $2,000 and the Inventory

question 65

Essay

If the value of production is $2,000 and the inventory increases by $100 for the period.What is the value of aggregate expenditure?

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Definitions:

Carotene

A type of pigment found in plants that contributes to the orange, yellow, and red colors of many fruits and vegetables; it is a precursor of vitamin A in the human diet.

Pigment

A substance that imparts color to other materials by absorbing a spectrum of light and reflecting certain wavelengths.

Dermatitis

Inflammation of the skin characterized by redness, itching, and often blistering.

Eczema

A condition that causes inflamed, itchy, cracked, and rough skin.