Homework Help is Here – Start Your Trial Now!
Math
Advanced Math
Suppose that production of 1 unit of mining requires 5/7 unit of mining, 1/7 unit of manufacturing, and 1/7 unit of communication. To produce 1 unit of manufacturing requires 3/7 unit of mining, 2/7 unit of manufacturing, and 2/7 unit of communication. To produce 1 unit of communication requires 0 units of mining, 4/7 unit of manufacturing, and 3/7 unit of communication. Find the ratio of the three commodities in the closed model.

Suppose that production of 1 unit of mining requires 5/7 unit of mining, 1/7 unit of manufacturing, and 1/7 unit of communication. To produce 1 unit of manufacturing requires 3/7 unit of mining, 2/7 unit of manufacturing, and 2/7 unit of communication. To produce 1 unit of communication requires 0 units of mining, 4/7 unit of manufacturing, and 3/7 unit of communication. Find the ratio of the three commodities in the closed model.

Advanced Engineering Mathematics
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
icon
Related questions
Question

Subject-advance maths

Suppose that production of 1 unit of mining requires 5/7 unit of mining, 1/7 unit of manufacturing, and 1/7 unit of communication. To produce 1 unit of manufacturing requires 3/7 unit of mining, 2/7 unit of manufacturing, and 2/7 unit of communication. To produce 1 unit of communication requires 0 units of mining, 4/7 unit of manufacturing, and 3/7 unit of communication. Find the ratio of the three commodities in the closed model. The ratio is units of mining to every 8 units of manufacturing and units of communication.
Transcribed Image Text:Suppose that production of 1 unit of mining requires 5/7 unit of mining, 1/7 unit of manufacturing, and 1/7 unit of communication. To produce 1 unit of manufacturing requires 3/7 unit of mining, 2/7 unit of manufacturing, and 2/7 unit of communication. To produce 1 unit of communication requires 0 units of mining, 4/7 unit of manufacturing, and 3/7 unit of communication. Find the ratio of the three commodities in the closed model. The ratio is units of mining to every 8 units of manufacturing and units of communication.
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 4 steps

SEE SOLUTIONCheck out a sample Q&A here
Blurred answer
Recommended textbooks for you
Advanced Engineering Mathematics
Advanced Engineering Mathematics
Advanced Math
ISBN:
9780470458365
Author:
Erwin Kreyszig
Publisher:
Wiley, John & Sons, Incorporated
Numerical Methods for Engineers
Numerical Methods for Engineers
Advanced Math
ISBN:
9780073397924
Author:
Steven C. Chapra Dr., Raymond P. Canale
Publisher:
McGraw-Hill Education
Introductory Mathematics for Engineering Applicat…
Introductory Mathematics for Engineering Applicat…
Advanced Math
ISBN:
9781118141809
Author:
Nathan Klingbeil
Publisher:
WILEY
Mathematics For Machine Technology
Mathematics For Machine Technology
Advanced Math
ISBN:
9781337798310
Author:
Peterson, John.
Publisher:
Cengage Learning,
Basic Technical Mathematics
Basic Technical Mathematics
Advanced Math
ISBN:
9780134437705
Author:
Washington
Publisher:
PEARSON
Topology
Topology
Advanced Math
ISBN:
9780134689517
Author:
Munkres, James R.
Publisher:
Pearson,
SEE MORE TEXTBOOKS