Four sectors. An economy is based on four sectors, agriculture A , energy E , labor L . and manufacturing M .The table gives the input requirements for a dollar's worth of (in billions of dollars) for a 3 -year period. Find the output from each sector that is needed to satisfy a final de- for each sector that is needed to satisfy each of these final demands. Round answers to the nearest billion dollars.
Four sectors. An economy is based on four sectors, agriculture A , energy E , labor L . and manufacturing M .The table gives the input requirements for a dollar's worth of (in billions of dollars) for a 3 -year period. Find the output from each sector that is needed to satisfy a final de- for each sector that is needed to satisfy each of these final demands. Round answers to the nearest billion dollars.
Solution Summary: The author calculates the output for agriculture, energy, labor, and manufacturing for a 3 year period.
Four sectors. An economy is based on four sectors, agriculture
A
, energy
E
, labor
L
. and manufacturing
M
.The table gives the input requirements for a dollar's worth of (in billions of dollars) for a
3
-year period. Find the output from each sector that is needed to satisfy a final de- for each sector that is needed to satisfy each of these final demands. Round answers to the nearest billion dollars.
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, subject and related others by exploring similar questions and additional content below.
Solve ANY Optimization Problem in 5 Steps w/ Examples. What are they and How do you solve them?; Author: Ace Tutors;https://www.youtube.com/watch?v=BfOSKc_sncg;License: Standard YouTube License, CC-BY
Types of solution in LPP|Basic|Multiple solution|Unbounded|Infeasible|GTU|Special case of LP problem; Author: Mechanical Engineering Management;https://www.youtube.com/watch?v=F-D2WICq8Sk;License: Standard YouTube License, CC-BY