Given the input-output matrix below, find the output matrix if final demand changes to 600 for water, 160 for electric power, and 700 for agriculture. Industry Electric Agriculture Final Demand 230 150 600 Water Power Water 100 480 120 Industry: Electric Power Agriculture Other 100 300 500 240 180 60 120 240 360 The output matrix is X-D. (Round to two decimal places as needed.)

Elementary Geometry For College Students, 7e
7th Edition
ISBN:9781337614085
Author:Alexander, Daniel C.; Koeberlein, Geralyn M.
Publisher:Alexander, Daniel C.; Koeberlein, Geralyn M.
ChapterP: Preliminary Concepts
SectionP.CT: Test
Problem 1CT
icon
Related questions
Question

Pls give final answer with step by step explaination

Given the input-output matrix below, find the output matrix if final demand changes to 600 for water, 160 for electric power, and 700 for agriculture.
Industry
Electric
Agriculture Final Demand
120
240
180
60
Water
Power
Water
100
480
230
Industry: Electric Power
Agriculture
Other
120
240
360
150
600
100
300
500
The output matrix is X=.
(Round to two decimal places as needed.)
Transcribed Image Text:Given the input-output matrix below, find the output matrix if final demand changes to 600 for water, 160 for electric power, and 700 for agriculture. Industry Electric Agriculture Final Demand 120 240 180 60 Water Power Water 100 480 230 Industry: Electric Power Agriculture Other 120 240 360 150 600 100 300 500 The output matrix is X=. (Round to two decimal places as needed.)
Expert Solution
steps

Step by step

Solved in 2 steps with 2 images

Blurred answer