You are given a technology matrix A and an external demand vector D. Find the corresponding production vector X. 0.2 0.2 24,000 X= A = {}}, 0.4 0.5 D=

Linear Algebra: A Modern Introduction
4th Edition
ISBN:9781285463247
Author:David Poole
Publisher:David Poole
Chapter2: Systems Of Linear Equations
Section2.4: Applications
Problem 23EQ: 23. Consider a simple economy with just two industries: farming and manufacturing. Farming consumes...
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You are given a technology matrix A and an external demand vector D. Find the corresponding production vector X.
A = 
 
0.2 0.2
 
0.4 0.5
,  D = 
 
24,000
 
16,000
X =
             
           
 
You are given a technology matrix A and an external demand vector D. Find the corresponding production vector X.
],
24,000
16,000
X =
A =
0.2 0.2
0.4 0.5
↓ ↑
D =
Transcribed Image Text:You are given a technology matrix A and an external demand vector D. Find the corresponding production vector X. ], 24,000 16,000 X = A = 0.2 0.2 0.4 0.5 ↓ ↑ D =
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