Added value is the change in . . . . . . . .

market value
cost
income
None of the above

The correct answer is: B. cost

Added value is the difference between the value of a product or service at the end of a production process and the value of the inputs used in that process. It is a measure of the amount of value that a company has added to a product or service.

Option A is incorrect because market value is the price at which a product or service is sold. It is not the same as added value, which is a measure of the amount of value that a company has added to a product or service.

Option C is incorrect because income is the money that a company receives from selling its products or services. It is not the same as added value, which is a measure of the amount of value that a company has added to a product or service.

Option D is incorrect because added value is a measure of the amount of value that a company has added to a product or service. It is not the same as market value, income, or cost.

Exit mobile version