The Relationship Governing the Intraindustrial and Interindustrial Sales and Purchases

question 161

Essay

The relationship governing the intraindustrial and interindustrial sales and purchases of four basic industries - agriculture (A), manufacturing (M), transportation (T), and energy (E) - of a certain economy is given by the following input-output matrix.
A M T E How many units of energy are required to produce 1 unit of manufacturing goods?
__________ units
Which sector of the economy has the smallest intra-industry purchases (sales)?
__________

---

Definitions:

Inputs Standardization

The process of making resources or inputs uniform in quality or nature to ensure consistency and efficiency in production or operations.

Developmental Psychologists

Professionals who focus on how people's thoughts, behaviors, and emotions change throughout their life.

Personality Stability

The consistency of an individual's personality traits over time.

Social Style

An individual's characteristic patterns of behavior, interaction, and communication in social settings.