Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Please help me find the output matrix for x Given the input-output matrix below, find the output matrix if final demand changes to 400 for

image text in transcribed

Please help me find the output matrix for x

image text in transcribed
Given the input-output matrix below, find the output matrix if final demand changes to 400 for water, 180 for electric power, and 700 for agriculture. Industry Electric Water Power Agriculture Final Demand Water 160 400 180 240 Industry: Electric Power 80 100 240 150 Agriculture 160 200 120 600 Other 400 300 60 The output matrix is X = (Round to two decimal places as needed.)

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Microeconomics

Authors: Austan Goolsbee, Steven Levitt, Chad Syverson

3rd Edition

1319105564, 978-1319105563

More Books

Students also viewed these Economics questions