Application of Matrices to Input and Output Model and Price Determination

0
603
APPLICATION OF MATRICES TO INPUT AND OUTPUT MODEL AND PRICE DETERMINATION

Application of Matrices to Input and Output Model and Price Determination

Introduction

 Input and Output Model and Price Determination,Several aspects of life or fields are characterized by system which in most cases are complex and require rigorous analysis to be able to solve the problems posed by these systems. The importance of matrix cannot be overemphasized as it has been a tool for the simplification complex system in order to obtain solutions. However, in this project work, we are taking specific consideration of examples from input-output model and on price determination.

These concepts will be useful in its application to solving problems from input-output model & price determination.  this work talk about a model (Leontief input-output Model) that uses matrix concepts to solve problems especially from Economics. We will see how Leontief used matrix to model the production level of a nation’s Economy.

Project Name Application of Matrices to Input and Output Model and Price Determination
Project Category Statistics
Project Cost 35$/ Rs 2600
Delivery Time 48 Hour
For Support WhatsApp:  +91 9481545735 or
Email:     info@partheniumprojects.com


Please use the link below for international payments.