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In Exercises 5–6, use matrix inversion to find the production
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- 1. 0. what, is the value of |A|? For the matrix A = 2 13 %3D 63arrow_forward0.0 0.5 Consider the production model x = Cx+d for an economy with two sectors, where C= 0.6 0.6 Use an inverse matrix to determine the production level necessary to satisfy the final demand. The inverse matrix used is and d= 20 50arrow_forward2.2. Consider the following matrix Y and matrix Z. Each column represents a particular meat industry. industry for beef, pork and chicken: [0.2 0.3 0.21 Y= 0.4 0.1 0.3 [0.3 0.5 0.2] [150] Z= 200 [210] For industries for beef, pork and chicken determine the total demand given by matrix Y and matrix Zarrow_forward
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