Which of the following constitute the reason for difference between Market Prices and Factor Cost?
Which of the following constitute the reason for difference between Market Prices and Factor Cost?
(a) Indirect Taxes
(b) Subsidies
(c) Both (a) and (b)
(d) Neither (a) nor (b)
Anurag Pathak Changed status to publish December 5, 2023
Ans – (c)
Explanation:-
Market Price = Factor Cost + Indirect taxes – Subsidies
Anurag Pathak Changed status to publish December 5, 2023
