Consider an open economy with consumption matrix C = If the consumer demand is given by d = (23, 34), is it possible to find a non-negative production vector x which meets this demand? O a. No O b. Yes -|m -10

Algebra & Trigonometry with Analytic Geometry
13th Edition
ISBN:9781133382119
Author:Swokowski
Publisher:Swokowski
Chapter9: Systems Of Equations And Inequalities
Section9.6: The Algebra Of Matrices
Problem 13E
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Consider an open economy with consumption matrix C =
4
6
If the consumer demand is given by d = (23, 34), is it possible to find a non-negative production vector x which meets this demand?
O a.
No
O b. Yes
Transcribed Image Text:1 Consider an open economy with consumption matrix C = 4 6 If the consumer demand is given by d = (23, 34), is it possible to find a non-negative production vector x which meets this demand? O a. No O b. Yes
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