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 S [0.3 0.2] Agriulue A = 0.1 0.4] Red

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 S [0.3 0.2] Agriulue A = 0.1 0.4] Red

Advanced Engineering Mathematics

10th Edition

ISBN:9780470458365

Author:Erwin Kreyszig

Publisher:Erwin Kreyszig

Chapter2: Second-order Linear Odes

Section: Chapter Questions

Problem 1RQ

See similar textbooks

Related questions

Q: Q.1 Suppose a simple economy with only an agriculture industry and a steel industry with the…

Q: a. A = A 0,3 -(0,3 B 0,4 0,5 0,3. 76 - (19) 12 D =

Q: 7. A company has two mines. Mine A can produce 1 ton of high-grade iron ore, 3 tons of medium-grade…

Q: Construct the Linear Population Model that satisfies: (a) The population is initially 75,000 and is…

A: a) The population is 75000 and increasing by 15% per generation. The simple linear model is provided…

Q: a. Given the internal consumption matrix A, and the external demand matrix D as follows 0.1 0.2 0.2…

Q: Suppose we have a constant product automated market maker of the form x·y = k, where k is a…

Q: Find the production schedule for the technology matrix and demand vector given below: 0.4 0.1 5 A =…

A: The given technology matrix is A=0.40.100.40.60.80.10.30.2 and demand vector is D=583. Let x=x1x2x3…

Q: Q. 2 (a) find the derivatives for the following functions. (i) y = 5x - 6x (ii) (x²+5) / (x+3) (iii)…

A: Note: Since, you haven't mentioned which question you would like to answered. Here, we are providing…

Q: Find the total output necessary to meet demand requirements.

A: According to the given problem, Technology Matrix, T=0.060.030.350.31Demand Matrix, D=156837 Then…

Q: ule for the technology matrix and demand vector given below 6. D=7

A: Given, A =0.400.21.90.80.70.30.10.2 D=672 X =x1x2x3

Q: A manufacturer of microcomputers produces three different models. The following table summarizes…

A: Since you have asked multiple questions, we will solve the first question for you. If you want any…

Q: b. A A 1/5 3/5 B 2/5 3/10, D = = (300)

Q: Find the production schedule for the technology matrix and demand vector given below: 0.1 0.1 3 A =…

Q: Q.1 Suppose a simple economy with only an agriculture industry and a steel industry with the…

A: Given technology matrix is A=0.30.20.10.4 The desired products are 15 units…

Q: The Job Offer: Alpha-Omega Industries is hiring. They are offering each new hire a choice of career…

A: Since starting salary is 53000 and receive $3100 raise each year. Thus, the zero year salary will be…

Q: We assume that an economy has only three sectors: Goods, Services and Consumption. The Goods sector…

A: Given Information:Economy has three sectors: Good, Services, Consumption.Few information regarding…

Q: A mining company owns 3 different mines (North, South, and West mines) that produce 3 different…

Q: Construct index number of price from the following data by applying: 1)Fisher’s Ideal method…

A: Obtain the price index number of price from the following data by applying the Fisher’s Ideal…

Q: (4) For what values of z is the matrix A invertible? (5) Solve the system of equations in part (2)…

A: The given linear system is Axy=b where A=0.10.60.5z and b=1811 Solution (4) Matrix A is invertible…

Q: Find the production schedule for the technology matrix and demand vector given below: [0.3 0.4 A =…

Q: Find the production schedule for the technology matrix and demand vector given below:

A: Given that A=0.10.20.31.40.41.50.400.2andD=357 to find the production schedule for given technology…

Q: Find the production schedule for the technology matrix and demand vector given below: 0.2 0.6 4 A =…

Q: Q2) Currently a service location, there are 4 servers each able of processing 9 customers/hour.…

A: According to the guidelines only three parts will be answered please upload other parts separately.…

Q: Suppose an economy has only two sectors: Goods and Services. Each year, Goods sells 80% of its…

A: It is required to find the equilibrium prices for the annual outputs of the Goods and Services…

Q: 1. Due to the quarantine, the demand for Nine Tendo On/Off console suddenly peaked and is expected…

A: Decision variables:xq : number of units purchased in quarter q.yq : number of units held over from…

Q: 2. A small firm specializes in making five types of spare automo- bile parts. Each part is first…

Q: sel 1/2 1/2 3/2 the company is interested in maximizing the total profit contribution, answer the…

A: *Answer: R – number of units of regular model. C – number of units of catcher’s model. Max 5R +…

Q: considering marketing a new product with a four-year life. Epica will need to install new equipment…

A: Given:- Machine 1 costs K460,000 to purchase and install, and will have a residual value…

Question

email: economist.ali1@gmail.com.
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] Agrikultura
A =
0.1 0.4
Sted

Expert Solution

This question has been solved!

Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.

This is a popular solution!

SEE SOLUTION Check out a sample Q&A here

Step 1

VIEW

Step 2

VIEW

Step 3

VIEW

Trending now

This is a popular solution!

Step by step

Solved in 3 steps

SEE SOLUTION Check out a sample Q&A here

Knowledge Booster

$Markov Processes and Markov chain$

Learn more about

Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, advanced-math and related others by exploring similar questions and additional content below.

Similar questions

B. A firm manufactures 2 product, A and B. Each product is processed by machines, M₁ and M2. Each unit of type A requires 1 hour of processing by M₁ and 2 hours in M and each unit type of type B requires 3 hours on M₁ and 1 hour on M₂. The profit on product A is P20 per unit and on product B is P30 per unit. If M₁ is available for 200 hours each month and M₂ for 300 hours, how many units of each type can be manufactured in one month in order to maximize the profits? Requirement: 1) Formulate the linear programming model 2) Solve the linear programming using the graphical method
QUESTION 12 A mining company owns 3 different mines (North, South, and West mines) that produce 3 different grades of iron (low-grade, medium-grade, and high-grade). The company requires at least 25 tons of low-grade Iron, 18 tons of medium-grade iron, and 12 tons of high-grade iron in order to meet its supply requirements. The North Mine costs $10,000 per day of mining and in a day of mining it produces 4 tons of low-grade iron, 1 ton of medium-grade iron, and 1 ton of high-grade iron. The South Mine costs $15,000 per day of mining and in a day of mining it produces 1 ton of low-grade iron, 3 tons of medium grade iron, and 2 tons of high-grade iron. The West Mine costs $18,000 per day of mining and in a day of mining it produces 3 tons of low-grade iron, 3 tons of medium-grade iron, and no high-grade iron. Suppose x is the number of days that the North Mine is operational, y is the number of days that the South Mine is operational, and z is the number of days that the West Mine is…
(b) Let xij be the amount shipped from source i to destination j in a 5X5 transportation problem, and let Cij be the corresponding transportation cost per unit. The amounts of supply at sources 1,2,3,4 and 5 are 210, 150,250,190 and 150 units respectively and the demands at destinations 1,2,3,4 and 5 are 205, 220,180,180 and 165 units respectively. The cost of shipping from source 1 to destinations 1,2,3,4 and 5 are 29, 28, 31, 27 and 32 respectively. The cost of shipping from source 2 to destinations 1,2,3,4 and 5 are 26, 27, 30, 37 and 31 respectively. The cost of shipping from source 3 to destinations 1,2,3,4 and 5 are 32, 38, 29, 27 and 35 respectively. The cost of shipping from source 4 to destinations 1,2,3,4 and 5 are 33, 39, 27, 29 and 33 respectively. The cost of shipping from source 5 to destinations 1,2,3,4 and 5 are 35,31, 34, 23 and 35 respectively. (i)Find the associated optimal cost. (ii)Determine each non basic variable.
Assume that an economy is based on two industrial sectors, agriculture (A) and energy (E). The technology matrix M and final demand matrices (in billions of dollars) are shown below. A E A 0.5 0.2 5 M = D= E 0.5 0.3 2 and the output for each sector, X, that is needed to satisfy the Find (IM) final demand, D. Select the correct choice below and, if necessary, fill in the answer box to complete your choice. A. (I-M)-1 = (Simplify your answer.) B. The matrix (I - M) is singular.
Find the production schedule for the technology matrix and demand vector given below:
Find the production schedule for the technology matrix and demand vector given below: 0.1 0.3 0.4 4 A = 0.1 0.2 0.4 D = 5 %3D 0.1 0.1 3 X =
wawb grutsgrad Beorge cit OXOL VW 5 batay ow! doily Howing GL CELLAM? Csberic y = vol od or assovo odl 1 + 11) Foxes were introduced to an area that did not naturally contain them. Based on other similar areas, the carrying capacity for this area is 130 foxes. The number of foxes was said to reach 65 (half the carrying capacity) in 38 years (which is C). Using this information and a value of B = -2.3, estimate the number of foxes in 54 years. Round to the nearest whole number. labour ho avus iedW A (1) do bas avode diger sit (0) В
Question 6 of 16 Ali, the CEO of a manufacturing company, decided to expand the product offering of his business to include the manufacture of a specific model automotive unit. To include this product, his business would incur fixed costs of $365,000 per year and variable costs of $6 per unit. He plans to sell each unit for $88. a. Calculate the number of units he would have to manufacture to break even. Round up to the next whole number b. While manufacturing the unit, he realized that an additional fixed cost of $3,000 per year was required, and also realized that to be more competitive in the market he had to drop the selling price by 20%. What is the new break-even volume? Round up to the next whole number