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=
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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Question
You are given a technology matrix A and an external demand vector D. Find the corresponding production vector X.
A =
, D =
|
0.2 | 0.2 |
|
||
0.4 | 0.5 |
|
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 =](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F283588a7-4b17-47d8-a8cf-ba138f1ddbe1%2F42d3f3dd-bb2d-4f15-abdd-e9c73ed88db9%2Fcczgu0m_processed.png&w=3840&q=75)
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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