Q:

The value added of a firm is calculated as ________.

• 1
  Value of production of the firm – the value of intermediate goods used by the firm
• 2
  value of production of the firm + value of capital goods used by the firm
• 3
  value of production of the firm/value of intermediate goods used by the firm
• 4
  value of production of the firm + value of intermediate goods used by the firm