Homework Help is Here – Start Your Trial Now!
Math
Algebra
a. Given the internal consumption matrix A, and the external demand matrix D as follows 0.1 0.2 0.2 A = 0.1 0.3 0.1, D= | 100 200 0.1 0.2 0.3 150 Solve the system using the open model: X = AX + D or X = (I – A)-'D.

a. Given the internal consumption matrix A, and the external demand matrix D as follows 0.1 0.2 0.2 A = 0.1 0.3 0.1, D= | 100 200 0.1 0.2 0.3 150 Solve the system using the open model: X = AX + D or X = (I – A)-'D.

Algebra and Trigonometry (6th Edition)
Algebra and Trigonometry (6th Edition)
6th Edition
ISBN:9780134463216
Author:Robert F. Blitzer
Publisher:Robert F. Blitzer
ChapterP: Prerequisites: Fundamental Concepts Of Algebra
Section: Chapter Questions
Problem 1MCCP: In Exercises 1-25, simplify the given expression or perform the indicated operation (and simplify,...
See similar textbooks
icon
Related questions
Question
a. Given the internal consumption matrix A, and the external demand matrix D as follows. 0.1 0.2 0.2 200 D = A = |0.1 0.3 0.1 100 [0.1 0.2 0.3 150 Solve the system using the open model: X = AX + D or X = (I – A)-'D. b. An economy has two industries, namely, farming and building. For every Php50 of food pro- duced, the farmer uses Php10 and the builder uses Php7.50. For every Php50 worth of build- ing, the builder uses Php12.50 and the farmer uses Php10. If the external demand for food is Php5M, and for building Php10M, what should be the total production for each industry in pesos?
Transcribed Image Text:a. Given the internal consumption matrix A, and the external demand matrix D as follows. 0.1 0.2 0.2 200 D = A = |0.1 0.3 0.1 100 [0.1 0.2 0.3 150 Solve the system using the open model: X = AX + D or X = (I – A)-'D. b. An economy has two industries, namely, farming and building. For every Php50 of food pro- duced, the farmer uses Php10 and the builder uses Php7.50. For every Php50 worth of build- ing, the builder uses Php12.50 and the farmer uses Php10. If the external demand for food is Php5M, and for building Php10M, what should be the total production for each industry in pesos?
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 3 steps with 3 images

SEE SOLUTIONCheck out a sample Q&A here
Blurred answer
Similar questions
Recommended textbooks for you
Algebra and Trigonometry (6th Edition)
Algebra and Trigonometry (6th Edition)
Algebra
ISBN:
9780134463216
Author:
Robert F. Blitzer
Publisher:
PEARSON
Contemporary Abstract Algebra
Contemporary Abstract Algebra
Algebra
ISBN:
9781305657960
Author:
Joseph Gallian
Publisher:
Cengage Learning
Linear Algebra: A Modern Introduction
Linear Algebra: A Modern Introduction
Algebra
ISBN:
9781285463247
Author:
David Poole
Publisher:
Cengage Learning
Algebra And Trigonometry (11th Edition)
Algebra And Trigonometry (11th Edition)
Algebra
ISBN:
9780135163078
Author:
Michael Sullivan
Publisher:
PEARSON
Introduction to Linear Algebra, Fifth Edition
Introduction to Linear Algebra, Fifth Edition
Algebra
ISBN:
9780980232776
Author:
Gilbert Strang
Publisher:
Wellesley-Cambridge Press
College Algebra (Collegiate Math)
College Algebra (Collegiate Math)
Algebra
ISBN:
9780077836344
Author:
Julie Miller, Donna Gerken
Publisher:
McGraw-Hill Education
SEE MORE TEXTBOOKS