Suppose that the economy of a small nation has an electronics industry, a steel industry, and an auto industry, with the following technology matrix. E S A A = 0.6 0.2 0.2 0.1 0.4 0.5 0.1 0.2 0.2 Electronics Steel Autos If the nation wishes to have surpluses of 78 units of electronics production, 228 units of steel production, and 263 automobiles, find the gross production of each industry. electronics units steel units autos units
Suppose that the economy of a small nation has an electronics industry, a steel industry, and an auto industry, with the following technology matrix. E S A A = 0.6 0.2 0.2 0.1 0.4 0.5 0.1 0.2 0.2 Electronics Steel Autos If the nation wishes to have surpluses of 78 units of electronics production, 228 units of steel production, and 263 automobiles, find the gross production of each industry. electronics units steel units autos units
Linear Algebra: A Modern Introduction
4th Edition
ISBN:9781285463247
Author:David Poole
Publisher:David Poole
Chapter2: Systems Of Linear Equations
Section2.4: Applications
Problem 24EQ: Suppose the coal and steel industries form a closed economy. Every $1 produced by the coal industry...
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Suppose that the economy of a small nation has an electronics industry, a steel industry, and an auto industry, with the following technology matrix.
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A = |
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If the nation wishes to have surpluses of 78 units of electronics production, 228 units of steel production, and 263 automobiles, find the gross production of each industry.
electronics | units |
steel | units |
autos | units |
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