Finite Mathematics and Applied Calculus (MindTap Course List)
Finite Mathematics and Applied Calculus (MindTap Course List)
7th Edition
ISBN: 9781337274203
Author: Stefan Waner, Steven Costenoble
Publisher: Cengage Learning
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Chapter 5.5, Problem 33E

(a)

To determine

To calculate: The amount of additional production in the meat and milk products sector to accommodate a $100 increase in the demand for agriculture where the 4 sectors are agriculture, forestry, fishing and hunting, meat and milk products and other food products and the input output table is,

1 2 3 4
1 678.4 3.7 3,341.5 1,023.5
2 15.5 6.9 17.1 124.5
3 47.3 4.3 893.1 145.8
4 312.5 22.1 83.2 693.5
Total Output 9,401.3 685.8 6,997.3 4,818.3

(b)

To determine

The name of sector requires the most of its own product in order to meet a $1 increase in external demand for that product where the 4 sectors are agriculture, forestry, fishing and hunting, meat and milk products and other food products and the input output table is

1 2 3 4
1 678.4 3.7 3,341.5 1,023.5
2 15.5 6.9 17.1 124.5
3 47.3 4.3 893.1 145.8
4 312.5 22.1 83.2 693.5
Total Output 9,401.3 685.8 6,997.3 4,818.3

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Chapter 5 Solutions

Finite Mathematics and Applied Calculus (MindTap Course List)

Ch. 5.1 - In Exercises 110, find the dimensions of the given...Ch. 5.1 - Prob. 2ECh. 5.1 - Prob. 3ECh. 5.1 - Prob. 4ECh. 5.1 - Prob. 5ECh. 5.1 - In Exercises 110, find the dimensions of the given...Ch. 5.1 - Prob. 7ECh. 5.1 - Prob. 8ECh. 5.1 - Prob. 9ECh. 5.1 - Prob. 10E
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