Problems 15-20 pertain to the following input-output model: Assume that an economy is based on three industrial sectors: agriculture A , building B , and energy E . The technology matrix M and final demand matrices (in billions of dollars) are A B E A B E 0.3 0.2 0.2 0.1 0.1 0.1 0.2 0.1 0.1 = M D 1 = 5 10 15 D 2 = 20 15 10 How much input from A , B , and E are required to produce a dollar’s worth of output for B ?
Problems 15-20 pertain to the following input-output model: Assume that an economy is based on three industrial sectors: agriculture A , building B , and energy E . The technology matrix M and final demand matrices (in billions of dollars) are A B E A B E 0.3 0.2 0.2 0.1 0.1 0.1 0.2 0.1 0.1 = M D 1 = 5 10 15 D 2 = 20 15 10 How much input from A , B , and E are required to produce a dollar’s worth of output for B ?
Solution Summary: The author calculates the input from A, B and E to produce a dollar's worth of output for B.
Problems 15-20 pertain to the following input-output model: Assume that an economy is based on three industrial sectors: agriculture
A
,
building
B
,
and energy
E
.
The technology matrix
M
and final demand matrices (in billions of dollars) are
A
B
E
A
B
E
0.3
0.2
0.2
0.1
0.1
0.1
0.2
0.1
0.1
=
M
D
1
=
5
10
15
D
2
=
20
15
10
How much input from
A
,
B
,
and
E
are required to produce a dollar’s worth of output for
B
?
Help me with the accurate answer and solution asap pls pls thank yo u
Pls help me with accurate answer and solution as soon as possible pls
thank you
Help me with step by step solution and accurate answer as soon as possible pls
Chapter 4 Solutions
Finite Mathematics for Business, Economics, Life Sciences and Social Sciences Plus NEW MyLab Math with Pearson eText -- Access Card Package (13th Edition)
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