Given the input-output matrix below, find the output matrix if final demand changes to 600 for water, 130 for electric power, and 700 for agriculture. Industry Electric Water Power Agriculture Final Demand Water 160 300 200 220 Industry: Electric Power 80 120 300 120 Agriculture 240 60 200 400 Other 320 120 300 The output matrix is X = ☐ . (Round to two decimal places as needed.)
Given the input-output matrix below, find the output matrix if final demand changes to 600 for water, 130 for electric power, and 700 for agriculture. Industry Electric Water Power Agriculture Final Demand Water 160 300 200 220 Industry: Electric Power 80 120 300 120 Agriculture 240 60 200 400 Other 320 120 300 The output matrix is X = ☐ . (Round to two decimal places as needed.)
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
Chapter8: Cost Analysis
Section: Chapter Questions
Problem 9E
Question
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