A Simple Economy Has an Electronic Components Industry and a Computers

question 175

Multiple Choice

A simple economy has an electronic components industry and a computers industry. Each unit of electronic components output requires inputs of 0.3 unit of electronic components and 0.2 unit of computers. Each unit of computer industry output requires inputs of 0.8 unit of electronic components and 0.1 unit of computers. Write the technology matrix for this simple economy. (E, electronics components industry; C, computer industry) ​

---

Definitions:

Value

The significance, value, or benefit of something to an individual.

Institutions

Established organizations or foundations, especially those dedicated to education, public service, or culture.

Auction Sites

Online platforms where goods or services are sold to the highest bidder through a competitive bidding process.

C2C Marketing

Consumer-to-consumer marketing, where individuals sell products or services to other consumers, often facilitated by digital platforms.