Suppose the economy of an underdeveloped country has an agricultural industry and an oil industry, with technology matrix A. A O A = 0.4 0.2 0.2 0.1 Agricultural products Oil products (a) If surpluses of 0 units of agricultural products and 585 units of oil products are desired, find the gross production of each industry. agricultural products units oil products units (b) Find the additional production needed from each industry for 1 more unit of oil products surplus. agricultural products unit(s) oil products unit(s)
Suppose the economy of an underdeveloped country has an agricultural industry and an oil industry, with technology matrix A. A O A = 0.4 0.2 0.2 0.1 Agricultural products Oil products (a) If surpluses of 0 units of agricultural products and 585 units of oil products are desired, find the gross production of each industry. agricultural products units oil products units (b) Find the additional production needed from each industry for 1 more unit of oil products surplus. agricultural products unit(s) oil products unit(s)
Algebra & Trigonometry with Analytic Geometry
13th Edition
ISBN:9781133382119
Author:Swokowski
Publisher:Swokowski
Chapter9: Systems Of Equations And Inequalities
Section: Chapter Questions
Problem 21T
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Suppose the economy of an underdeveloped country has an agricultural industry and an oil industry, with technology matrix A.
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A = |
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(a) If surpluses of 0 units of agricultural products and 585 units of oil products are desired, find the gross production of each industry.
(b) Find the additional production needed from each industry for 1 more unit of oil products surplus.
agricultural products | units |
oil products | units |
(b) Find the additional production needed from each industry for 1 more unit of oil products surplus.
agricultural products | unit(s) |
oil products | unit(s) |
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