Answer to Question #311484 in Microeconomics for ken

Question

The industry V receives units of primary inputs, industry W receives of primary inputs

and industry X receives of primary inputs.

Determine the total output of each industry

and their final demands. (20 marks)

Answer 1

Total outputs is determined by the total inputs into the industry. For this case, the total outputs for all of the industries are unknown since they have not given a quantifiable figure for the inputs and even demands is not quantifiable.