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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