We assume that in a village there are farmers, carpenters, and tailors, who provide the three essential goods: food, housing, and clothing. Suppose the farmers consume of the food (produced by farmers), of the housing (produced by carpenters) and of the clothes (produced by tailors). The carpenter consumes of the food, of the housing, and of the clothes. The tailors consume of the food, of the housing, and no clothes. Assume this is a closed Leontief model. 2 If we know that the tailors produce 632 units of clothes, then the farmers produce and the carpenters produce units of housing. units of food

Advanced Engineering Mathematics
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ISBN:9780470458365
Author:Erwin Kreyszig
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Chapter2: Second-order Linear Odes
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We assume that in a village there are farmers, carpenters, and tailors, who provide the three essential
goods: food, housing, and clothing. Suppose the farmers consume of the food (produced by farmers),
of the housing (produced by carpenters) and of the clothes (produced by tailors). The carpenter
consumes of the food, of the housing, and of the clothes. The tailors consume of the food, of
the housing, and no clothes. Assume this is a closed Leontief model.
If we know that the tailors produce 632 units of clothes, then the farmers produce
and the carpenters produce
units of housing.
units of food
Transcribed Image Text:We assume that in a village there are farmers, carpenters, and tailors, who provide the three essential goods: food, housing, and clothing. Suppose the farmers consume of the food (produced by farmers), of the housing (produced by carpenters) and of the clothes (produced by tailors). The carpenter consumes of the food, of the housing, and of the clothes. The tailors consume of the food, of the housing, and no clothes. Assume this is a closed Leontief model. If we know that the tailors produce 632 units of clothes, then the farmers produce and the carpenters produce units of housing. units of food
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