uppose 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) Back

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
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uppose 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)
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