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Input-Output Closed Model Use the input-output matrix
and the closed model to find the ratio of coal to steel produced.
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Finite Mathematics (11th Edition)
- Revenue: An electronics manufacturer produces three models of high-definition televisions, which are shipped to two warehouses. The shipment levels are represented by A. 12WarehouseA=5,0004,0006,00010,0008,0005,000ABCModel The prices per unit are represented by the matrix B=$699.95$899.95$1099.95. Compute BA and interpret the result.arrow_forwardAgriculture: A farmer grows apples and peaches. Each crop is shipped to three different outlets. The shipment levels are represented by A. 123OutletA=12510075100175125ApplesPeachesCrop The profits per unit are represented by the matrix B=$3.50$6.00. Compute BA and interpret the result.arrow_forwardMatrix sizeIn Exercises 1-6, determine the size of the matrix. [86412174111211203110]arrow_forward
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