Assume that an economy is based on two industrial sectors, agriculture (A) and energy (E). The technology matrix M is: E ↑ A→ A ↑ 0.6 0.2 0.1 0.4 = M
Assume that an economy is based on two industrial sectors, agriculture (A) and energy (E). The technology matrix M is: E ↑ A→ A ↑ 0.6 0.2 0.1 0.4 = M
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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Transcribed Image Text:Assume that an economy is based on two industrial sectors, agriculture (A) and energy (E). The technology matrix M is:
E
↑
A →
E→
A
↑
0.6 0.2
0.1 0.4
= M
How much input from A and E are required to produce a dollar's worth of output for A?
The input from A required to produce a dollar's worth of output for A is
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