The following technology matrix describes the relationship of certain industries within the economy to each other. (A&F,
Question:
1. For each 1000 units of raw materials produced, how many units of agricultural and food products were required?
2. For each 1000 units of raw materials produced, how many units of service were required?
3. How many units of fuels were required to produce 1000 units of manufactured goods?
4. How many units of fuels were required to produce 1000 units of power (utilities' goods)?
5. Which industry is most dependent on its own goods for its operations? Which industry is least dependent on its own goods?
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Related Book For
Mathematical Applications for the Management Life and Social Sciences
ISBN: 978-1305108042
11th edition
Authors: Ronald J. Harshbarger, James J. Reynolds
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