In an economy of two industries X and Y the following tables gives the supply and demand position in millions of rupees. Producer User: X User: Y…
BBA Business Mathematics II · 2023 · Solved Question with Answer
In an economy of two industries X and Y the following tables gives the supply and demand position in millions of rupees.
| Producer | User: X | User: Y | Final Demand | Total output |
| X | 25 | 20 | 10 | 55 |
| Y | 15 | 40 | 15 | 70 |
Determine the outputs
(a) if the final demand changes to 15 for X and 20 for Y
(b) if the final demand changes to 20 for X and 18 for Y.