11. Solve the following 2-industry input - output problem using X =D[I-M- An economy is based on agrieulture and fabrication. Production of a dollar's worth of agrieulture requires an input of $0.30 from agriculture and $0.20 from fabrication. Production of a dollar's worth of fabrication requires $0.10 from agriculture and $0.40 from fabrication. The demand for the economy is $50 billion for agriculture and $20 billion for fabrication. Find the final output required to meet the demand.

11. Solve the following 2-industry input - output problem using X =D[I-M- An economy is based on agrieulture and fabrication. Production of a dollar's worth of agrieulture requires an input of $0.30 from agriculture and $0.20 from fabrication. Production of a dollar's worth of fabrication requires $0.10 from agriculture and $0.40 from fabrication. The demand for the economy is $50 billion for agriculture and $20 billion for fabrication. Find the final output required to meet the demand.

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Description: 11. Solve the following 2-industry input - output problem using X=D[I-M-1An economy is based on agrieulture and fabrieation. Produetion of a dollar's worth of agrieulture requires an input ef$0.30 from agriculture and $0.20 from fabrication. Product

Advanced Engineering Mathematics

10th Edition

ISBN:9780470458365

Author:Erwin Kreyszig

Publisher:Erwin Kreyszig

Chapter2: Second-order Linear Odes

Section: Chapter Questions

Problem 1RQ

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11. Solve the following 2-industry input - output problem using X=D[I-M-1
An economy is based on agrieulture and fabrieation. Produetion of a dollar's worth of agrieulture requires an input ef
$0.30 from agriculture and $0.20 from fabrication. Production of a dollar's worth of fabrication requires $0.10 from
agriculture and $0.40 from fabrication. The demand for the economy is $50 billion for agriculture and $20 billion for
fabrication. Find the final output required to meet the demand.
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