Technical coefficients - linear algebra and matrices, Mathematics

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I didn't understand the concept of Technical Coefficients, provide me assistance.

Related Discussions:- Technical coefficients - linear algebra and matrices

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Oscar 2/12/2013 5:05:58 AM These implies the units essential from each sector to make up one complete product in a given sector as illustration, in the above matrix of coefficients it may be said that one complete product from the agricultural sector needs 0.14 units from the agricultural sector itself, 0.22 from the industrial sector and 0.30 from the service sector. NB: The primary inputs are occasionally named as "value added"

Oscar

2/12/2013 5:05:58 AM

These implies the units essential from each sector to make up one complete product in a given sector as illustration, in the above matrix of coefficients it may be said that one complete product from the agricultural sector needs 0.14 units from the agricultural sector itself, 0.22 from the industrial sector and 0.30 from the service sector.

NB: The primary inputs are occasionally named as "value added"

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