Solve the problem.
-A simplified economy has only two industries, the electric company and the gas company. Each dollar's worth of the electric company's output requires 0.20 of its own output and 0.4 of the gas Company's output. Each dollar's worth of the gas company's output requires 0.50 of its own output
And 0.7 of the electric company's output. Construct the input-output matrix.

Question

Quizplus · Accepted Answer

The Answer of Solve the problem.
-A simplified economy has only two industries, the electric company and the gas company. Each dollar's worth of the electric company's output requires 0.20 of its own output and 0.4 of the gas Company's output. Each dollar's worth of the gas company's output requires 0.50 of its own output
And 0.7 of the electric company's output. Construct the input-output matrix.

Solve the Problem. -A Simplified Economy Has Only Two Industries, the Electric Company