For the following transaction matrix of two sector economy consisting two industries P and Q, calculate the gross output for each industry if the…
BBA Business Mathematics II · 2024 · Solved Question with Answer
For the following transaction matrix of two sector economy consisting two industries P and Q, calculate the gross output for each industry if the final demand changes to 18 units for P and 44 units for Q.
| Producer | User | Final demand | Total output | |
| P | Q | |||
| P | 16 | 20 | 4 | 40 |
| Q | 8 | 40 | 32 | 80 |