10. Assume the economy consists of 3 sectors namely agriculture (A), manufacturing (M) and energy (E). In general, part of the output from one sector will be used by other sectors through purchases and the surplus will be sold to meet the final consumer demand. The buying and selling relationships are shown by the matrix below. [0.2 0.2 0.11 0.2 0.4 0.1 0.1 0.2 0.3] Calculate the total production if the final consumer demand is 80 units for A, 60 units for M and 50 units for E.
10. Assume the economy consists of 3 sectors namely agriculture (A), manufacturing (M) and energy (E). In general, part of the output from one sector will be used by other sectors through purchases and the surplus will be sold to meet the final consumer demand. The buying and selling relationships are shown by the matrix below. [0.2 0.2 0.11 0.2 0.4 0.1 0.1 0.2 0.3] Calculate the total production if the final consumer demand is 80 units for A, 60 units for M and 50 units for E.
Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
Problem 1RQ
Related questions
Question
Type solution pls
Transcribed Image Text:10. Assume the economy consists of 3 sectors namely agriculture (A), manufacturing (M) and
energy (E). In general, part of the output from one sector will be used by other sectors
through purchases and the surplus will be sold to meet the final consumer demand. The
buying and selling relationships are shown by the matrix below.
[0.2 0.2 0.17
0.2 0.4 0.1
0.2 0.3
[0.1
Calculate the total production if the final consumer demand is 80 units for A, 60 units
for M and 50 units for E.
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
This is a popular solution!
Trending now
This is a popular solution!
Step by step
Solved in 2 steps
Recommended textbooks for you
Advanced Engineering Mathematics
Advanced Math
ISBN:
9780470458365
Author:
Erwin Kreyszig
Publisher:
Wiley, John & Sons, Incorporated
Numerical Methods for Engineers
Advanced Math
ISBN:
9780073397924
Author:
Steven C. Chapra Dr., Raymond P. Canale
Publisher:
McGraw-Hill Education
Introductory Mathematics for Engineering Applicat…
Advanced Math
ISBN:
9781118141809
Author:
Nathan Klingbeil
Publisher:
WILEY
Advanced Engineering Mathematics
Advanced Math
ISBN:
9780470458365
Author:
Erwin Kreyszig
Publisher:
Wiley, John & Sons, Incorporated
Numerical Methods for Engineers
Advanced Math
ISBN:
9780073397924
Author:
Steven C. Chapra Dr., Raymond P. Canale
Publisher:
McGraw-Hill Education
Introductory Mathematics for Engineering Applicat…
Advanced Math
ISBN:
9781118141809
Author:
Nathan Klingbeil
Publisher:
WILEY
Mathematics For Machine Technology
Advanced Math
ISBN:
9781337798310
Author:
Peterson, John.
Publisher:
Cengage Learning,
