Labour
40
20
(1) Determine the technology matrix and test Hawkins-Simon conditions for the viability
of the system
(ii) Write down the input-output table for the economy, when the final demand targets are
80 and 40 units of X and Y respectively.
(iii) If the total labour available is 100 units, is the solution feasible ?
(iv) If the wage rate is 50 per unit, find equilibrium prices.
(v) Find the value added in each sector.
Answer:
Yes
Step-by-step explanation:
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