Q.1 Suppose a simple economy with only an agriculture industry and a steel industry with the following technology matrix. Find the gross production of each industry if surpluses of 15 units of agriculture products and 35 units of steel are desired. 0.3 0.2 Agricultwe A = 0.1 0.4 Stel

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Q.1 Suppose a simple economy with only an agriculture industry and a steel industry with the following
technology matrix. Find the gross production of each industry if surpluses of 15 units of agriculture products
and 35 units of steel are desired.
A
0.3 0.2 Agriculture
A
0.1 0.4
%3D
Stel
Transcribed Image Text:Q.1 Suppose a simple economy with only an agriculture industry and a steel industry with the following technology matrix. Find the gross production of each industry if surpluses of 15 units of agriculture products and 35 units of steel are desired. A 0.3 0.2 Agriculture A 0.1 0.4 %3D Stel
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