Question

3) explain the Leontief's Input-Out Model with
assumption with
Suitable Ilustration ?
​

Answer 1

Sorry But I know this much only........

It assumes that an industry uses the same technology to produce each of its products. In other words, an industry's production function is a weighted average of the inputs required for the production of the primary product and each of the by-products, weighted by the output of each of the products