Help me fast so that I will give Upvote. Given the input-output matrix below, find the output matrix if final demand changes to 500 for water, 130 for electric power, and 800 for agriculture.IndustryElectricAgriculture Final Demand160WaterPowerWater240400240Electric PowerAgricultureOtherIndustry:120200320120360100160600480300160The output matrix is X=|(Round to two decimal places as needed.)

We are going to find the Leontief matrix and output matrix to answer this question.

Given the input-output matrix below, find the output matrix if final demand changes to 500 for water, 130 for electric power, and 800 for agriculture. Industry Electric Water Power 400 200 Agriculture Final Demand 160 320 160 160 Water 240 240 Industry: Electric Power Agriculture Other 120 360 120 100 600 480 300 The output matrix is X=D. (Round to two decimal places as needed.)

Given the input-output matrix below, find the output matrix if final demand changes to 500 for water, 130 for electric power, and 800 for agriculture. Industry Electric Water Power 400 200 Agriculture Final Demand 160 320 160 160 Water 240 240 Industry: Electric Power Agriculture Other 120 360 120 100 600 480 300 The output matrix is X=D. (Round to two decimal places as needed.)

Microeconomic Theory

12th Edition

ISBN:9781337517942

Author:NICHOLSON

Publisher:NICHOLSON

Chapter9: Production Functions

Section: Chapter Questions

Problem 9.6P

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