Given the input-output matrix below, find the output matrix if final demand changes to 500 for water, 180 for electric power, and 800 for agriculture.IndustryElectricPowerIndustry:WaterElectric PowerAgricultureOtherWater200100300400The output matrix is X=(Round to two decimal places as needed.)480120240360Agriculture Final Demand18024012060290140600

Demand is the quantity of consumers who are willing and ready to buy products at various prices…

Given the input-output matrix below, find the output matrix if final demand changes to 500 for water, 180 for electric power, and 800 for agriculture Industry Electric Power 480 Water Industry: Electric Power Agriculture Other Water 200 100 300 400 The output matrix is X= (Round to two decimal places as needed.) 120 240 360 Agriculture Final Demand 180 240 120 60 290 140 600

Given the input-output matrix below, find the output matrix if final demand changes to 500 for water, 180 for electric power, and 800 for agriculture Industry Electric Power 480 Water Industry: Electric Power Agriculture Other Water 200 100 300 400 The output matrix is X= (Round to two decimal places as needed.) 120 240 360 Agriculture Final Demand 180 240 120 60 290 140 600

Managerial Economics: Applications, Strategies and Tactics (MindTap Course List)

14th Edition

ISBN:9781305506381

Author:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris

Publisher:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris

Chapter7: Production Economics

Section: Chapter Questions

Problem 8E

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