For a company to distribute their own tuna in a can, the economy revolving around the canned goods sector must be studied. Upon studying, it was concluded that it has three main sectors, the metal can production, the fisheries, and the distribution sector, respectively. The metal can production sells 25% of its output to distributions and 58% to fisheries and retains the rest. Fisheries sells 80% of its output to distributions and 10% to metal can industries and retains the rest. Distribution sells 15% to metal can production and 15% to fisheries and retains the rest a. Determine the price of output for each economy. b. If the metal can production sells 1,000,000 Pesos, what are the expected sales for fisheries and distribution?

For a company to distribute their own tuna in a can, the economy revolving around the canned goods sector must be studied. Upon studying, it was concluded that it has three main sectors, the metal can production, the fisheries, and the distribution sector, respectively. The metal can production sells 25% of its output to distributions and 58% to fisheries and retains the rest. Fisheries sells 80% of its output to distributions and 10% to metal can industries and retains the rest. Distribution sells 15% to metal can production and 15% to fisheries and retains the rest a. Determine the price of output for each economy. b. If the metal can production sells 1,000,000 Pesos, what are the expected sales for fisheries and distribution?

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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End of Chapter 5.6 p e The e t Nuber of Sudet Taking Avernge Avernge Average Marginal the Coure Total Co Veriable Cot Fied Cest Cont then ok Ch 88888 E RTY
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