United States Input Output Table This exercise requires the use of technologyMY NOTESASK YOUR TEACHERPRACTICE ANOTHERFour sectors of the U.S. economy are (1) motor vehicles, (2) truck and bus bodies, trailers, and motor vehicle parts(3) airorat and parts, and (4) ather traportation equpment.Suppose that in 1998 the input-output table involving these four sectors was as follows (al figures in millions of dollars).To:41.7510921,2072.64,85813,0811,070From21,7021,375Total Output230,676 135,108 129,37644,133Determine how these four sectors would react to a simultaneous increase in demand $2,500 miltion in every sector, By how much (in millions ef dollars) woud uach sector need toIncrease production? (Round answers to four signifficant digits.)sector 1millionsector 2millionmillonsector 3sector 4million

The technology Matrix isA=a11a12a13a14a21a22a23a24a31a32a33a34a41a42a43a44where a11= the units of…

Tetal Output 230,676 135,108 129,376 44,133 mine how these four sectors would react to a simultaneous increase in demand $2.500 milion in every sector. By how much (in millions of dollars) would wach sector heed to ase production7 (Round answers to four significant digits.) or 1 milion million or 3 million million

Tetal Output 230,676 135,108 129,376 44,133 mine how these four sectors would react to a simultaneous increase in demand $2.500 milion in every sector. By how much (in millions of dollars) would wach sector heed to ase production7 (Round answers to four significant digits.) or 1 milion million or 3 million million

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

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Concept explainers

Customary Pricing

There are various types of pricing strategies followed in the market. They are psychological pricing, odd pricing, free onboard pricing, customary pricing, prestige pricing, dual pricing, ruling pricing, negotiated pricing, mark up pricing, etc. each one can be explained as follows:

Multiple Unit Pricing

“Multiple-unit pricing is a practice where a company offers consumers a lower than unit price if a specified number of units are purchased.”

Question

United States Input Output Table This exercise requires the use of technology
MY NOTES
ASK YOUR TEACHER
PRACTICE ANOTHER
Four sectors of the U.S. economy are (1) motor vehicles, (2) truck and bus bodies, trailers, and motor vehicle parts(3) airorat and parts, and (4) ather traportation equpment.
Suppose that in 1998 the input-output table involving these four sectors was as follows (al figures in millions of dollars).
To
:4
1.
75
1092
1,207
2.
64,858
13,081
1,070
From
21,702
1,375
Total Output
230,676 135,108 129,37644,133
Determine how these four sectors would react to a simultaneous increase in demand $2,500 miltion in every sector, By how much (in millions ef dollars) woud uach sector need to
Increase production? (Round answers to four signifficant digits.)
sector 1
million
sector 2
million
millon
sector 3
sector 4
million

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