How much will output change if the new law passes

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Reference no: EM132196970

Question: My company has output to X company of $100 and output to Y company of $50.

My company needed $40 of inputs from itself and $25 of inputs from company X and $5 from company Y.

My company makes producst S and product C

If a new law passes, external demand will increase by $25 for product S and $30 fo product C

a) What is the technology matrix?

b) How much will output change if the new law passes?

c) Given total output in the question, what are the external demand levels that occured to cause those output levels?

Reference no: EM132196970

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