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Answer to Question #51518 in Other Economics for zem

Question #51518
Suppose the technology matrix is
A= 0.2 0.3 0.2
0 4 0.1 0.2
0.1 0.3 0.2

Let the final demand sector be D = 10
5
6
Find the level of production of the three goods.
Expert's answer
If the technology matrix is
A= 0.2 0.3 0.2
      0.4 0.1 0.2
      0.1 0.3 0.2
and the final demand sector is 
D = 10
        5
        6
the level of production of the three goods will be:
A*D = 0.2 0.3 0.2.   10     2    3    2
          (0.4 0.1 0.2)*(5 ) = 2   0.5  1
           0.1 0.3 0.2     6     0.6 1.8 1.2

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