Economics Mcqs
Q Which of the following assumptions underlying input-output analysis raises about its validity ?
  • A I- The technical coefficients are fixed which means so substitution between inputs occurs
  • B Ii- there are no externalities so that the total effect of carrying out several activities is the sum of the separate effects
  • C Iii- each good is produced by only one industry and each industry produces only one commodity
  • D Iv- there is no technical change
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