(7) A four basic industries economy consisting of agriculture, manufacturing, transportation, and energy has the following consumption matrix: 0.3 0.2 0 0.1 0.2 0.3 0.2 0.1 0.2 0.2 0.1 0.3 0.1 0.2 0.3 0.2 100 100 23 20 [13] 40 40 50 50 what is the additional amount the manufacturing sector must produce in order to cover this demand? Find the output x needed to cover the external demand d = If d changes to
(7) A four basic industries economy consisting of agriculture, manufacturing, transportation, and energy has the following consumption matrix: 0.3 0.2 0 0.1 0.2 0.3 0.2 0.1 0.2 0.2 0.1 0.3 0.1 0.2 0.3 0.2 100 100 23 20 [13] 40 40 50 50 what is the additional amount the manufacturing sector must produce in order to cover this demand? Find the output x needed to cover the external demand d = If d changes to
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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Transcribed Image Text:(7) A four basic industries economy consisting of agriculture, manufacturing, transportation, and
energy has the following consumption matrix:
0.3 0.2 0 0.1
0.2 0.3 0.2 0.1
0.2 0.2 0.1 0.3
0.1 0.2 0.3 0.2
100
23
E
40
50
what is the additional amount the manufacturing sector must produce in order to cover this
demand?
Find the output x needed to cover the external demand d =
100
20
40
50
If d changes to
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