Assume that an economy is based on two industrial sectors, agriculture (A) and energy (E). The technology matrix M and final demand matrices (in billions of dollars) are shown below. A E A 0.1 0.4 8 M = D = E 0.4 0.6 1 Find (IM) and the output for each sector, X, that is needed to satisfy the final demand, D. ... Select the correct choice below and, if necessary, fill in the answer box to complete your choice. A. (1-M)-1= (Simplify your answer.) B. The matrix (IM) is singular.

Given the following input-output matrix A and corresponding demand matrix E for a local economy, find the production matrix X, where X=[x1 x2]. Write the exact answer. Do not round.   x1= x2=

A simplified version of input output analysis of a national economy has the following input output matrix

A logistics company wants to transport wood from 3 forestry centers to 5 demand centers. Transportation costs (in euros) are shown in the following table along with production and demand at each center: F1 F2 F3 Demand D1 100 350 300 10 D2 200 300 200 20 D3 400 600 450 16 D4 350 700 300 20 D5 Production 150 500 200 7 30 20 28 What is the transportation program that minimizes the total transportation cost? Obtain an initial solution with the least cost method. Find the transportation schedule that minimizes the total transportation cost. Report the minimum total transportation cost. Indicate whether there are alternative optimal solutions, and if so, it obtains them. Please be as clear as possible. Explain all the steps of the problem. Answer all the points requested. Thank you very much.|

X A X C Total A B 1 C 5 11 2 18 1 Y 000 % % 2 % b. Compute the row percentages (to 1 decimal). 0 Y 2 10 12 2 Total 100 % % 5 % 13 12 30 Total % % %