Assume that an economy is based on two industrial sectors, agriculture (A) and energy (E). The technology matrix M is given below. Find I - M and (I-M)-¹. A E 0.3 0.4 =M 0.725 0.3 I-M= (Type an integer or decimal for each matrix element.) AE
Assume that an economy is based on two industrial sectors, agriculture (A) and energy (E). The technology matrix M is given below. Find I - M and (I-M)-¹. A E 0.3 0.4 =M 0.725 0.3 I-M= (Type an integer or decimal for each matrix element.) AE
Chapter7: Matrices And Determinants
Section: Chapter Questions
Problem 14T
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Assume that an economy is based on two industrial sectors, agriculture (A) and energy (E). The technology matrix M is given below. Find I-M and (I-M)
A
E
0.4
A[
0.3
0.725 0.3
=M
C
I-M= (Type an integer or decimal for each matrix element.)
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