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

Assignment, state the law of downward sloping demand

state the law of downward sloping demand

What is meant by dumping, What is meant by dumping? Dumping is when a p...

What is meant by dumping? Dumping is when a producing country dumps goods on foreign markets at a price lower than either the price on the home market or below the cost (HL: ma

Price elasaticity, why does the quantity of education change in the privat...

why does the quantity of education change in the private universities much more responsive than salt as to changes in price?

Consumer surplus, I purchase a used stove for $155 when I was willing to pa...

I purchase a used stove for $155 when I was willing to pay $185. If a new stove costs $375,what is my consumer surplus

Externality, When somebody wearing muddy shoes rides a public bus, he impos...

When somebody wearing muddy shoes rides a public bus, he imposes a negative externality on other riders (passengers get some mud rubbed off on them, and the shoes look ugly). If a

International economics., How has the Haberler''s theory of opportunity cos...

How has the Haberler''s theory of opportunity cost an improvement over the classical theory of trade

Strategic planning for enhancing exports, Strategic Planning for Enhancing ...

Strategic Planning for Enhancing Exports: Strategic Planning for Enhancing Exports need to be undertaken at the national level. It is necessary  to undertake a separate and

Iso cost, schedule and diagram of iso cost

schedule and diagram of iso cost

Calculate wi’s cost of debt and wacc, 1.    Introduction Wood Investm...

1.    Introduction Wood Investments (WI) is a private equity fund that specialises in the leveraged acquisition of publicly-quoted companies with the intention of producing h

Describe what is meant by cross elasticity of demand, Question: (a) Wit...

Question: (a) With the help of diagrams, explain how the price and quantity demanded or supplied of fuel will change under the different scenarios: (i) Consumers expect a fu

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