Compute the final demand for each type of product

Reference no: EM132699851

National exporters (NE) Ltd manufactures Agricultural, Industrial and mineral products. One shilling worth of Agricultural output requires inputs worth sh0.1,sh0.15 and sh0.20 from Agricultural, Industrial and mineral products respectively. One shilling worth of Industrial output requires inputs worth sh0.25, sh0.15 and sh0.30 from Agricultural, Industrial and mineral products respectively. One shilling worth of Mineral output requires inputs worth sh0.24,sh0.16 and sh0.16 from Agricultural, Industrial and mineral products respectively. In the next financial year, NE Ltd Plans to produce products worth sh 40 million, Sh 20 million and sh 50 million for the Agricultural, Industrial and mineral products respectively.

Required

Question i) Derive the technological matrix

Question ii) Write down the intermediate demand for each type of product

Question iii) Compute the final demand for each type of product. Compute the total worth of primary inputs

Reference no: EM132699851

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