Compute the total worth of primary inputs

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Reference no: EM132825072

Question - National exporters (NE) Ltd manufactures Agricultural, Industrial and mineral products. One shilling worth of Agricultural output requires inputs worth Ksh 0.1, Ksh 0.15 and Ksh 0.20 from Agricultural, Industrial and mineral products respectively. One shilling worth of Industrial output requires inputs worth Ksh 0.25, Ksh 0.15 and Ksh 0.30 from Agricultural, Industrial and mineral products respectively. One shilling worth of Mineral output requires inputs worth Ksh 0.24, Ksh 0.16 and Ksh 0.16 from Agricultural, Industrial and mineral products respectively. In the next financial year, NE Ltd Plans to produce products worth Ksh 40 million, Ksh 20 million and ksh 50 million for the Agricultural, Industrial and mineral products respectively.

Required -

i) Derive the technological matrix.

ii) Write down the intermediate demand for each type of product.

iii) Compute the final demand for each type of product.

iv) Compute the total worth of primary inputs.

Reference no: EM132825072

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