Consider the production model x = Cx + d for an economy with two sectors and the consumption matrix C. Complete parts a and b below. 0.2 0.5 C= 0.4 0.5 a. Determine the production level necessary to satisfy a final demand for 1 unit of output from sector 1. The production level is (Type integers or decimals.) 52 b. Use an inverse matrix to determine the production level necessary to satisfy a final demand of 28 The production level is (Type integers or decimals.)

Consider the production model x = Cx + d for an economy with two sectors and the consumption matrix C. Complete parts a and b below. 0.2 0.5 C= 0.4 0.5 a. Determine the production level necessary to satisfy a final demand for 1 unit of output from sector 1. The production level is (Type integers or decimals.) 52 b. Use an inverse matrix to determine the production level necessary to satisfy a final demand of 28 The production level is (Type integers or decimals.)

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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