Programming and input-output models, Microeconomics

Assignment Help:

Programming and Input-Output Models

Output normally refers to total production of a country. The total production is composed of production in three major sectors:

(a) Primary sector including agriculture, irrigation, animal husbandry, forestry, fisheries, and mining/quarrying;

(b) The secondary sector referring to industry including processing and manufacturing, generation of electricity, gas, water, etc. and also ‘construction’;

(c) The services sector comprising transport, communications, trade, commerce, finance, law & order/legal, etc.

The primary sector thus refers to activities in which products derived from natural resources like land, water and animals are included. The secondary sector refers to products derived by a process or an operation (like processing or manufacturing) on the products extracted from the primary sector.  The services sector includes activities in which the products derived from the primary and secondary sectors are distributed to various intermediate and final points of consumption besides providing various other services to producers and consumers.


Related Discussions:- Programming and input-output models

What is average revenue and average revenue curve, What is average revenue ...

What is average revenue and average revenue curve Average Revenue:   The average revenue is the total revenue separated by the level of output. It is therefore the price.

Money demand function, what are the values of real money supply and the cur...

what are the values of real money supply and the current price level

The demand for big macs, illustrate and explain the changing demand gor big...

illustrate and explain the changing demand gor big Mac using the indifference curves and budget line

What is methodological economics, What is methodological economics? how its...

What is methodological economics? how its significance, Describe use of methodological economics...

OLIGOPLOLY MODELS, GIVE EXAMPLES OF EACH OLIGOPOLY MODELS FROM REAL LIFE

GIVE EXAMPLES OF EACH OLIGOPOLY MODELS FROM REAL LIFE

Calculate the concentration of standard solution, 1. A standard solution of...

1. A standard solution of potassium hydroxide (KOH) was prepared by dissolving 15g of KOH in 250.0mL of distilled water. (a) Calculate the concentration of this standard solution.

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd