An economy depends on two basic products, wheat and oil. To produce 1 metric ton of wheat requires 0.23 me tons of wheat and 0.32 metric tons of oil. Production of 1 metric ton of oil consumes 0.08 metric tons of wheat 0.15 metric tons of oil. Find the production that will satisfy a demand for 945 metric tons of wheat and 1260 me 0.23 0.08 tons of oil. The input-output matrix is A = 0.32 0.15 metric tons of wheat are required to satisfy the demand. (Round the final answer to the nearest whole number as needed. Round all intermediate values to two decima as needed.)
An economy depends on two basic products, wheat and oil. To produce 1 metric ton of wheat requires 0.23 me tons of wheat and 0.32 metric tons of oil. Production of 1 metric ton of oil consumes 0.08 metric tons of wheat 0.15 metric tons of oil. Find the production that will satisfy a demand for 945 metric tons of wheat and 1260 me 0.23 0.08 tons of oil. The input-output matrix is A = 0.32 0.15 metric tons of wheat are required to satisfy the demand. (Round the final answer to the nearest whole number as needed. Round all intermediate values to two decima as needed.)
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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![An economy depends on two basic products, wheat and oil. To produce 1 metric ton of wheat requires 0.23 me
tons of wheat and 0.32 metric tons of oil. Production of 1 metric ton of oil consumes 0.08 metric tons of wheat
0.15 metric tons of oil. Find the production that will satisfy a demand for 945 metric tons of wheat and 1260 me
0.23 0.08
tons of oil. The input-output matrix is A =
0.32 0.15
metric tons of wheat are required to satisfy the demand.
(Round the final answer to the nearest whole number as needed. Round all intermediate values to two decima
as needed.)](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F2249d734-f746-4e4a-87c9-748b32eb799d%2Fa206dd02-7732-4be7-8e0c-73fd70bceb1d%2F46g7t05_processed.jpeg&w=3840&q=75)
Transcribed Image Text:An economy depends on two basic products, wheat and oil. To produce 1 metric ton of wheat requires 0.23 me
tons of wheat and 0.32 metric tons of oil. Production of 1 metric ton of oil consumes 0.08 metric tons of wheat
0.15 metric tons of oil. Find the production that will satisfy a demand for 945 metric tons of wheat and 1260 me
0.23 0.08
tons of oil. The input-output matrix is A =
0.32 0.15
metric tons of wheat are required to satisfy the demand.
(Round the final answer to the nearest whole number as needed. Round all intermediate values to two decima
as needed.)
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