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

Market supply labour, Use a graphical illustration to describe briefly what...

Use a graphical illustration to describe briefly what the influence of each of the following would be on the market supply of labor:(a) an increase in immigration (b) more women en

Teacher-wellston high school, When the curve that envelops the sweries of p...

When the curve that envelops the sweries of possible short-run average total cost curves is horizontal, this means that they are a. economies of scale, b. dieconomies of scale, co

Determine optimal price, Determine Optimal Price, Quantity and Economic Pro...

Determine Optimal Price, Quantity and Economic Profit A firm has a demand function P = 200 – 5Q and cost function:  AC=MC=10 and a potential entrant has a cost function: AC=MC

Revenue, what is the meaning of total revenue?

what is the meaning of total revenue?

calculate total age specific death rate, 1. Definition: AGE-SPECIFIC D...

1. Definition: AGE-SPECIFIC DEATH RATE is the total number of deaths to residents of a specified age or age group in a specified geographic area (country, state, county, etc.)

Financial relationship with the imf, Financial relationship with the IMF: ...

Financial relationship with the IMF: IMF provides temporary assistance to member countries to tide over BOP deficits. When a country requires foreign exchange, its tenders its

Econ question, ref article :http://www.economist.com/news/finance-and-econo...

ref article :http://www.economist.com/news/finance-and-economics/21587795-if-congress-fails-lift-limit-americas-debts-consequences-are   a.assume that the debt ceiling crisis

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