16. Suppose there are only three industries in an economy and one primary input, and that the input- output coefficient matrix is as follows: [0.2 0.3 0.2 0.4 0.1 0.2 0.1 0.3 0.2] If the final demands are d₁ = 30 d₂ = 15 and dz 3 = 10 (all in billions of pesos), what are the solution output levels for the three industries? (Round off answers to two decimal places.)

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
Chapter15: Contracting, Governance, And Organizational Form
Section: Chapter Questions
Problem 8E
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16.
Suppose there are only three industries in an
economy and one primary input, and that the input-
output coefficient matrix is as follows:
[0.2 0.3 0.2 0.4 0.1 0.2 0.1 0.3 0.2]
If the final demands are d₁ = 30 d₂ = 15 and
dz = 10
3
(all in billions of pesos), what are the
solution output levels for the three industries?
(Round off answers to two decimal places.)
Transcribed Image Text:16. Suppose there are only three industries in an economy and one primary input, and that the input- output coefficient matrix is as follows: [0.2 0.3 0.2 0.4 0.1 0.2 0.1 0.3 0.2] If the final demands are d₁ = 30 d₂ = 15 and dz = 10 3 (all in billions of pesos), what are the solution output levels for the three industries? (Round off answers to two decimal places.)
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