PG2 ОPEN Turned in automatically when late peric To produce a unit of electricity, 0.12 units of electricty are required and 0.23 units of water are required. To produce a unit of water, 0.07 units of electricty are required and 0.24 units of water are required. There is an external demand for 2000 units of electricity and 4300 units of water. Let electricity be represented as sector 1 and water be represented as sector 2. Create the techonology matrix representing their relationships. 0.12 0.07 A = 0.23 0.24 Create their demand vector. 2000 D = 4300 Solve for their production vector.

PG2 ОPEN Turned in automatically when late peric To produce a unit of electricity, 0.12 units of electricty are required and 0.23 units of water are required. To produce a unit of water, 0.07 units of electricty are required and 0.24 units of water are required. There is an external demand for 2000 units of electricity and 4300 units of water. Let electricity be represented as sector 1 and water be represented as sector 2. Create the techonology matrix representing their relationships. 0.12 0.07 A = 0.23 0.24 Create their demand vector. 2000 D = 4300 Solve for their production vector.

Linear Algebra: A Modern Introduction

4th Edition

ISBN:9781285463247

Author:David Poole

Publisher:David Poole

Chapter2: Systems Of Linear Equations

Section2.4: Applications

Problem 23EQ: 23. Consider a simple economy with just two industries: farming and manufacturing. Farming consumes...

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