3. Consider an economy with six product-producing sectors and one non-producing sector, described by the input is in dollars needed for $1.00 of output. Input Required per Dollar Output Widgets Widgets Gizmoes Copy Thingamabobs Wotsamajigies Hoosywotsits Gizmoes 1/6 Doohickies TTT onas Onash 1/7 rsit 202 Doohickies 1/6 Se 1/8 1/8 Monash Unt Monash Tash 1/7 Thingamabobs 1/7 1/6 Monash 1/11 1/8 1/6 1/7 1/10 1/8 1/11 1/11 1/11 onash rovider

3. Consider an economy with six product-producing sectors and one non-producing sector, described by the input is in dollars needed for $1.00 of output. Input Required per Dollar Output Widgets Widgets Gizmoes Copy Thingamabobs Wotsamajigies Hoosywotsits Gizmoes 1/6 Doohickies TTT onas Onash 1/7 rsit 202 Doohickies 1/6 Se 1/8 1/8 Monash Unt Monash Tash 1/7 Thingamabobs 1/7 1/6 Monash 1/11 1/8 1/6 1/7 1/10 1/8 1/11 1/11 1/11 onash rovider

Brief Principles of Macroeconomics (MindTap Course List)

8th Edition

ISBN:9781337091985

Author:N. Gregory Mankiw

Publisher:N. Gregory Mankiw

Chapter7: Production And Growth

Section: Chapter Questions

Problem 5CQQ

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