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An economy depends on two basic products, wheat and oil. To produce 1 metric ton of wheat requires 0.26 metric tons of wheat and 0.31 metric tons of oil. Production of 1 metric ton of oil consumes 0.07 metric tons of wheat and 0.11 metric tons of oil. Find the production that will satisfy a demand for 440 metric tons of wheat and 0.26 0.07 880 metric tons of oil. The input-output matrix is A = 0.31 0.11 metric tons of wheat required to satisfy the demand. (Round the final answer to the nearest whole number as needed. Round the elements of the inverse matrix to two decimal places as needed.)

An economy depends on two basic products, wheat and oil. To produce 1 metric ton of wheat requires 0.26 metric tons of wheat and 0.31 metric tons of oil. Production of 1 metric ton of oil consumes 0.07 metric tons of wheat and 0.11 metric tons of oil. Find the production that will satisfy a demand for 440 metric tons of wheat and 0.26 0.07 880 metric tons of oil. The input-output matrix is A = 0.31 0.11 metric tons of wheat required to satisfy the demand. (Round the final answer to the nearest whole number as needed. Round the elements of the inverse matrix to two decimal places as needed.)

Advanced Engineering Mathematics
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 0.26 metric tons of wheat and 0.31 metric tons of oil. Production of 1 metric ton of oil consumes 0.07 metric tons of wheat and 0.11 metric tons of oil. Find the production that will satisfy a demand for 440 metric tons of wheat and 0.26 0.07 880 metric tons of oil. The input-output matrix is A = 0.31 0.11 metric tons of wheat is required to satisfy the demand. (Round the final answer to the nearest whole number as needed. Round the elements of the inverse matrix to two decimal places as needed.)
Transcribed Image Text:An economy depends on two basic products, wheat and oil. To produce 1 metric ton of wheat requires 0.26 metric tons of wheat and 0.31 metric tons of oil. Production of 1 metric ton of oil consumes 0.07 metric tons of wheat and 0.11 metric tons of oil. Find the production that will satisfy a demand for 440 metric tons of wheat and 0.26 0.07 880 metric tons of oil. The input-output matrix is A = 0.31 0.11 metric tons of wheat is required to satisfy the demand. (Round the final answer to the nearest whole number as needed. Round the elements of the inverse matrix to two decimal places as needed.)
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