Definition for Value added

From Biology Forums Dictionary

Revision as of 17:45, 9 November 2017 by Cloveb (Talk | contribs) (Created page with "The difference between the revenue of a firm obtained from a given volume of output and the cost of the input (materials, components, services) used in producing the output....")

(diff) ← Older revision | Latest revision (diff) | Newer revision → (diff)

The difference between the revenue of a firm obtained from a given volume of output and the cost of the input (materials, components, services) used in producing the output.