The Term "Value Added" Refers to the Dollar Value of

question 279

Multiple Choice

The term "value added" refers to the dollar value of

• A) an industry's sales plus profits.
• B) the intermediate goods and services purchased by an industry.
• C) an industry's sales less the dollar value of the intermediate goods purchased by the industry.
• D) the intermediate goods purchased by an industry plus the profits of the industry.

---

Definitions:

Effective Communication

The ability to convey information to others clearly and unambiguously, ensuring mutual understanding.

Basic Principles

Fundamental beliefs, rules, or laws that serve as the foundation for a system of belief or behavior or for a chain of reasoning.

Improve Communication

Enhancing the exchange of information and understanding between individuals or groups, often by focusing on clarity, effectiveness, and empathy.

Three Techniques

A generic term not applicable here. NO.