A primitive economy consists of a fishing industry and an oil industry. A unit of fishing industry autput requires 0.30 unit of fishing industry input and 0.S unt of nf intustry irgut A unit of olindustry output requires inputs of 0.04 unit of fishing products and 0.10 unit of ail products.(a) Write the technology matrix for this primitive economy.FishingOl0.30.35Fishing0.040.10(b) If surpluses of 10 units of fshing products and 545 units of ol products are desred, find the gross production of each industryfishingunitsoilunitsRnvet to Lost flespon

please re-correct Solution of part (A) as follows :

A primitive economy consists of a fishing industry and an oil industry. A unit of fahing industry output requires 010 unt of fahing industry input and 035 unt of al nttry ingut Anta Industry output requires inputs of 0.04 unit of fishing products and 0.10 unit of ol products. (a) Write the technology matrix for this primitive econemy Fishing 03 Fishing 04 0.10 (b) surpluses of 10 units of fshing products and S45 unts of ol products are desred, find thhe gros productton of each instry units fishing units

A primitive economy consists of a fishing industry and an oil industry. A unit of fahing industry output requires 010 unt of fahing industry input and 035 unt of al nttry ingut Anta Industry output requires inputs of 0.04 unit of fishing products and 0.10 unit of ol products. (a) Write the technology matrix for this primitive econemy Fishing 03 Fishing 04 0.10 (b) surpluses of 10 units of fshing products and S45 unts of ol products are desred, find thhe gros productton of each instry units fishing units

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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