Given the input-output matrix below, find the output matrix if final demand changes to 600 for water, 180 for electric power, and 700 for agriculture.IndustryElectricPowerWater120Agriculture Final Demand240320160Water480270Electric PowerAgricultureOtherIndustry:6012017040018024024036080The output matrix is X=.(Round to two decimal places as needed.)

The Leontief’s input-output model analyses how different industries of the economy are…

Given the input-output matrix below, find the output matrix if final demand changes to 600 for water, 180 for electric power, and 700 for agriculture Industry Electric Water 120 Power Water Agriculture Final Demand 240 480 120 270 Industry: Electric Power 60 180 240 320 170 Agriculture Other 240 160 400 360 80 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, 180 for electric power, and 700 for agriculture Industry Electric Water 120 Power Water Agriculture Final Demand 240 480 120 270 Industry: Electric Power 60 180 240 320 170 Agriculture Other 240 160 400 360 80 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

Chapter9: Applications Of Cost Theory

Section: Chapter Questions

Problem 1.3CE

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