Given the input-output matrix below, find the output matrix if final demand changes to 600 for water, 160 for electric power, and 700 for agriculture. Industry Electric Agriculture Final Demand 230 Water Power Water 480 100 100 120 Industry: Electric Power 120 240 150 Agriculture Other 300 240 180 600 500 360 60 ..... The output matrix is X =. (Round to two decimal places as needed.)

Elementary Linear Algebra (MindTap Course List)
8th Edition
ISBN:9781305658004
Author:Ron Larson
Publisher:Ron Larson
Chapter2: Matrices
Section2.6: More Applications Of Matrix Operations
Problem 12E
icon
Related questions
Question
Given the input-output matrix below, find the output matrix if final demand changes to 600 for water, 160 for electric power, and 700 for agriculture.
Industry
Electric
Agriculture Final Demand
120
Water
Power
Water
100
480
230
Industry:
Electric Power
100
120
240
150
Agriculture
Other
300
240
180
600
500
360
60
.....
The output matrix is X =
(Round to two decimal places as needed.)
Transcribed Image Text:Given the input-output matrix below, find the output matrix if final demand changes to 600 for water, 160 for electric power, and 700 for agriculture. Industry Electric Agriculture Final Demand 120 Water Power Water 100 480 230 Industry: Electric Power 100 120 240 150 Agriculture Other 300 240 180 600 500 360 60 ..... The output matrix is X = (Round to two decimal places as needed.)
Expert Solution
steps

Step by step

Solved in 3 steps with 3 images

Blurred answer
Recommended textbooks for you
Elementary Linear Algebra (MindTap Course List)
Elementary Linear Algebra (MindTap Course List)
Algebra
ISBN:
9781305658004
Author:
Ron Larson
Publisher:
Cengage Learning
Algebra & Trigonometry with Analytic Geometry
Algebra & Trigonometry with Analytic Geometry
Algebra
ISBN:
9781133382119
Author:
Swokowski
Publisher:
Cengage
College Algebra
College Algebra
Algebra
ISBN:
9781337282291
Author:
Ron Larson
Publisher:
Cengage Learning
Linear Algebra: A Modern Introduction
Linear Algebra: A Modern Introduction
Algebra
ISBN:
9781285463247
Author:
David Poole
Publisher:
Cengage Learning