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The input-output matrix for a simplified economy with just four sectors (natural resources, manufacturing, trade and services, and personal consumption) is given below. Suppose the demand (in millions of dollars) matrix is matrix D given below. Find the amount each sector should produce. Natural Resources Manufacturing Trade and Services Personal Consumption Natural Manufacturing Trade and Resources 0.1044 0.0827 0.0867 0.6253 0.0429 0.1088 0.1019 0.3447 Production levels of units from natural resources, and units from personal consumption are needed. (Round to the nearest whole number as needed.) Services 0.0029 0.0584 0.2031 0.6105 Personal Consumption 0.0031 0.0321 0.3556 0.0798 units from manufacturing, D= 450 299 124 101 units from trade and services,

The input-output matrix for a simplified economy with just four sectors (natural resources, manufacturing, trade and services, and personal consumption) is given below. Suppose the demand (in millions of dollars) matrix is matrix D given below. Find the amount each sector should produce. Natural Resources Manufacturing Trade and Services Personal Consumption Natural Manufacturing Trade and Resources 0.1044 0.0827 0.0867 0.6253 0.0429 0.1088 0.1019 0.3447 Production levels of units from natural resources, and units from personal consumption are needed. (Round to the nearest whole number as needed.) Services 0.0029 0.0584 0.2031 0.6105 Personal Consumption 0.0031 0.0321 0.3556 0.0798 units from manufacturing, D= 450 299 124 101 units from trade and services,

College Algebra (MindTap Course List)
College Algebra (MindTap Course List)
12th Edition
ISBN:9781305652231
Author:R. David Gustafson, Jeff Hughes
Publisher:R. David Gustafson, Jeff Hughes
Chapter6: Linear Systems
Section6.3: Matrix Algebra
Problem 68E
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The input-output matrix for a simplified economy with just four sectors (natural resources, manufacturing, trade and services, and personal consumption) is given below. Suppose the demand (in millions of dollars) matrix is matrix D given below. Find the amount each sector should produce. SEP Natural Resources Manufacturing Trade and Services Personal Consumption 3 View an example Get more help $ R F 000 000 F4 % om/Player/Player.aspx?cultureld=&theme=math&style=highered&disableStandbyIndicator=true&assignmentHandles 5 T Natural Manufacturing Trade and Resources Services 0.0029 0.0584 0.2031 0.6105 Production levels of units from natural resources, units from manufacturing, units from trade and services, and units from personal consumption are needed. (Round to the nearest whole number as needed.) G 0.1044 0.0827 0.0867 0.6253 F5 6 Y H ▲ F6 0.0429 0.1088 0.1019 0.3447 & 7 U F7 J * 00 8 ►II F8 | K Personal Consumption 0.0031 0.0321 0.3556 0.0798 ( 9 Clear all F9 O D= 0 L F10 450 299 124 101 Check answer P Locale=true# Message 0: F11 { + 11 [ F12 11
Transcribed Image Text:The input-output matrix for a simplified economy with just four sectors (natural resources, manufacturing, trade and services, and personal consumption) is given below. Suppose the demand (in millions of dollars) matrix is matrix D given below. Find the amount each sector should produce. SEP Natural Resources Manufacturing Trade and Services Personal Consumption 3 View an example Get more help $ R F 000 000 F4 % om/Player/Player.aspx?cultureld=&theme=math&style=highered&disableStandbyIndicator=true&assignmentHandles 5 T Natural Manufacturing Trade and Resources Services 0.0029 0.0584 0.2031 0.6105 Production levels of units from natural resources, units from manufacturing, units from trade and services, and units from personal consumption are needed. (Round to the nearest whole number as needed.) G 0.1044 0.0827 0.0867 0.6253 F5 6 Y H ▲ F6 0.0429 0.1088 0.1019 0.3447 & 7 U F7 J * 00 8 ►II F8 | K Personal Consumption 0.0031 0.0321 0.3556 0.0798 ( 9 Clear all F9 O D= 0 L F10 450 299 124 101 Check answer P Locale=true# Message 0: F11 { + 11 [ F12 11
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