An economic input-output model consists of the following flows: x 1 1 = 50, x 12 = 50, x 21
Question:
An economic input-output model consists of the following flows: x11 = 50, x12 = 50, x21 = 30, x22 = 0, ƒ1 = 10, ƒ2 = 25.
1. Determine the input-output model for this network. You need to derive two equations in terms of the throughput and final demand for each sector.
2. If the direct energy inputs to each sector are m11 = 1000 J and m12 = 500 J, calculate the energy return on investment for the product from sector 2 whose fuel value is 200 J/$.
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Step by Step Answer:
Related Book For
Sustainable Engineering Principles And Practice
ISBN: 9781108420457
1st Edition
Authors: Bhavik R. Bakshi
Question Details
Chapter #
12- Energy and Material Flow Analysis
Section: Problems
Problem: 7
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Question Posted: September 16, 2023 08:13:40