Topics
Matrices and Determinants
Algebra
Analytical Geometry
Trigonometry
Differential Calculus
Applications of Differentiation
Financial Mathematics
Descriptive Statistics and Probability
Correlation and Regression Analysi
Operations Research
description
1.3.1 The Hawkins – Simon conditions
If you would like to contribute notes or other learning material, please submit them using the button below.
Related QuestionsVIEW ALL [10]
Suppose the interindustry flow of the product of two industries are given as under.
Production sector  Consumption sector  Domestic demand  Total output  
X  Y  
X  30  40  50  120 
Y  20  10  30  60 
Determine the technology matrix and test Hawkin’s Simon conditions for the viability of the system. If the domestic demand changes to 80 and 40 units respectively, what should be the gross output of each sector in order to meet the new demands.
You are given the following transaction matrix for a twosector economy.
Sector  Sales  Final demand 
Gross output 

1  2  
1  4  3  13  20 
2  5  4  3  12 
 Write the technology matrix
 Determine the output when the final demand for the output sector 1 alone increases to 23 units.
Suppose the interindustry flow of the product of two sectors X and Y are given as under.
Production Sector  Consumption sector  Domestic demand  Gross output 

X  Y  
X  15  10  10  35 
Y  20  30  15  65 
Find the gross output when the domestic demand changes to 12 for X and 18 for Y.
Advertisement Remove all ads