ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN: 9780190931919
Author: NEWNAN
Publisher: Oxford University Press
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at is the intermdiate demond of the agricultural,manufacutring,and energy sector 

An economy is based on three sectors - agriculture, manufacturing, and energy. For each unit of output, agriculture
requires inputs of 0.30 unit from agriculture, 0.30 unit from manufacturing, and 0.20 unit from energy. For each unit
of output, manufacturing requires inputs of 0.20 unit from agriculture, 0.20 unit from manufacturing, and 0.30 unit from
energy. For each unit of output, energy requires 0.20 unit from agriculture, 0.40 unit from manufacturing, and 0.40
unit from energy. Construct the consumption matrix for this economy, and determine what intermediate demands are
created if agriculture plans to produce 100 units.
Construct the consumption matrix.
Purchased from:
Agriculture
Manufacturing
Energy
(Type integers or decimals.)
Inputs Consumed per Unit of Output
Manufacturing
Agriculture
↑
C₁
↑
C₂
Energy
↑
C3
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Transcribed Image Text:An economy is based on three sectors - agriculture, manufacturing, and energy. For each unit of output, agriculture requires inputs of 0.30 unit from agriculture, 0.30 unit from manufacturing, and 0.20 unit from energy. For each unit of output, manufacturing requires inputs of 0.20 unit from agriculture, 0.20 unit from manufacturing, and 0.30 unit from energy. For each unit of output, energy requires 0.20 unit from agriculture, 0.40 unit from manufacturing, and 0.40 unit from energy. Construct the consumption matrix for this economy, and determine what intermediate demands are created if agriculture plans to produce 100 units. Construct the consumption matrix. Purchased from: Agriculture Manufacturing Energy (Type integers or decimals.) Inputs Consumed per Unit of Output Manufacturing Agriculture ↑ C₁ ↑ C₂ Energy ↑ C3
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