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7th Edition

Stefan Waner + 1 other

Publisher: Cengage Learning

ISBN: 9781337274203

Chapter 5.5, Problem 36E

Textbook Problem

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Can an external demand be met by an economy whose technology matrix A is the identity matrix? Explain.

To determine

Whether the external demand of an economy is met if the technology matrix *A* is the identity matrix.

Consider the provided technology matrix *A* that is the identity matrix,

As, it is known that a technology matrix of the form

Therefore, assign each of its entry’s meanings as stated below,

Here, Sector 1 denotes the first row and Sector 2 denotes the second row.

The first entry

The second entry

Finite Mathematics and Applied Calculus (MindTap Course List)

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Some of...Ch. 5.2 - In Exercises 128, compute the products. Some of...Ch. 5.2 - In Exercises 128, compute the products. Some of...Ch. 5.2 - In Exercises 128, compute the products. Some of...Ch. 5.2 - In Exercises 128, compute the products. Some of...Ch. 5.2 - In Exercises 128, compute the products. Some of...Ch. 5.2 - In Exercises 128, compute the products. Some of...Ch. 5.2 - In Exercises 128, compute the products. Some of...Ch. 5.2 - In Exercises 128, compute the products. Some of...Ch. 5.2 - In Exercises 128, compute the products. Some of...Ch. 5.2 - In Exercises 128, compute the products. Some of...Ch. 5.2 - In Exercises 128, compute the products. Some of...Ch. 5.2 - In Exercises 128, compute the products. Some of...Ch. 5.2 - In Exercises 128, compute the products. Some of...Ch. 5.2 - In Exercises 128, compute the products. 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Games...Ch. 5.4 - In Exercises 2532, set up the payoff matrix. Games...Ch. 5.4 - In Exercises 2532, set up the payoff matrix. War...Ch. 5.4 - In Exercises 2532, set up the payoff matrix. War...Ch. 5.4 - In Exercises 2532, set up the payoff matrix....Ch. 5.4 - In Exercises 2532, set up the payoff matrix....Ch. 5.4 - In Exercises 2532, set up the payoff matrix....Ch. 5.4 - In Exercises 2532, set up the payoff matrix....Ch. 5.4 - Retail Discount Wars Just one week after your...Ch. 5.4 - More Retail Discount Wars Your Abercrom B mens...Ch. 5.4 - Factory Location22 A manufacturer of electrical...Ch. 5.4 - Crop Choice23 A farmer has a choice of growing...Ch. 5.4 - Study Techniques Your mathematics test is tomorrow...Ch. 5.4 - Study Techniques Your friend Joe has been spending...Ch. 5.4 - Staff Cutbacks Frank Tempest manages a large...Ch. 5.4 - Textbook Writing You are writing a college-level...Ch. 5.4 - Price Wars Computer Electronics, Inc. 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Production of one unit of cologne requires no...Ch. 5.5 - In Exercises 512, you are given a technology...Ch. 5.5 - In Exercises 512, you are given a technology...Ch. 5.5 - In Exercises 512, you are given a technology...Ch. 5.5 - In Exercises 512, you are given a technology...Ch. 5.5 - In Exercises 512, you are given a technology...Ch. 5.5 - In Exercises 512, you are given a technology...Ch. 5.5 - In Exercises 512, you are given a technology...Ch. 5.5 - In Exercises 512, you are given a technology...Ch. 5.5 - Given A=[0.10.40.20.5], find the changes in...Ch. 5.5 - Given A=[0.50.400.5], find the changes in...Ch. 5.5 - Let (IA)1=[0.50.100.21.20.10.10.71.6], and assume...Ch. 5.5 - Let (IA)1=[1.50.100.11.10.1001.3], and assume that...Ch. 5.5 - In Exercises 17 and 18, obtain the technology...Ch. 5.5 - In Exercises 17 and 18, obtain the technology...Ch. 5.5 - Campus Food The two campus cafeterias, the Main...Ch. 5.5 - Plagiarism Two student groups at Enormous State...Ch. 5.5 - Communication Equipment Two sectors of the U.S....Ch. 5.5 - Wood and Paper Two sectors of the U.S. economy are...Ch. 5.5 - Australia Economy Two sectors of the Australian...Ch. 5.5 - Australia Economy Two sectors of the Australian...Ch. 5.5 - Mexico Economy Economists generally divide a...Ch. 5.5 - Mexico Economy Economists generally divide a...Ch. 5.5 - Mexico Economy Economists generally divide a...Ch. 5.5 - Mexico Economy Economists generally divide a...Ch. 5.5 - Mexico Economy Economists generally divide a...Ch. 5.5 - Mexico Economy Economists generally divide a...Ch. 5.5 - Exercises 3134 require the use of technology....Ch. 5.5 - Exercises 3134 require the use of technology....Ch. 5.5 - Exercises 3134 require the use of technology....Ch. 5.5 - Exercises 3134 require the use of technology....Ch. 5.5 - What would it mean if the technology matrix A were...Ch. 5.5 - Can an external demand be met by an economy whose...Ch. 5.5 - What would it mean if the total output figure for...Ch. 5.5 - What would it mean if the total output figure for...Ch. 5.5 - What does it mean if an entry in the matrix (IA)1...Ch. 5.5 - Why do we expect the diagonal entries in the...Ch. 5.5 - Why do we expect the off-diagonal entries of (IA)1...Ch. 5.5 - Why do we expect all the entries of (IA)1 to be...Ch. 5 - For Exercises 110, let...Ch. 5 - For Exercises 110, let...Ch. 5 - For Exercises 110, let...Ch. 5 - For Exercises 110, let...Ch. 5 - For Exercises 110, let...Ch. 5 - For Exercises 110, let...Ch. 5 - For Exercises 110, let...Ch. 5 - For Exercises 110, let...Ch. 5 - For Exercises 110, let...Ch. 5 - For Exercises 110, let...Ch. 5 - In Exercises 1116, find the inverse of the given...Ch. 5 - In Exercises 1116, find the inverse of the given...Ch. 5 - In Exercises 1116, find the inverse of the given...Ch. 5 - In Exercises 1116, find the inverse of the given...Ch. 5 - In Exercises 1116, find the inverse of the given...Ch. 5 - In Exercises 1116, find the inverse of the given...Ch. 5 - In Exercises 1720, write the given system of...Ch. 5 - In Exercises 1720, write the given system of...Ch. 5 - In Exercises 1720, write the given system of...Ch. 5 - In Exercises 1720, write the given system of...Ch. 5 - In Exercises 2124, solve the game with the given...Ch. 5 - In Exercises 2124, solve the game with the given...Ch. 5 - In Exercises 2124, solve the game with the given...Ch. 5 - In Exercises 2124, solve the game with the given...Ch. 5 - In Exercises 2528, find the production vector X...Ch. 5 - In Exercises 2528, find the production vector X...Ch. 5 - In Exercises 2528, find the production vector X...Ch. 5 - In Exercises 2528, find the production vector X...Ch. 5 - It is now July 1, and online sales of romance,...Ch. 5 - It is now July 1, and online sales of romance,...Ch. 5 - It is now July 1, and online sales of romance,...Ch. 5 - It is now July 1, and online sales of romance,...Ch. 5 - It is now July 1, and online sales of romance,...Ch. 5 - It is now July 1, and online sales of romance,...Ch. 5 - Acting on a tip from Marjory Duffin, John OHagan...Ch. 5 - Acting on a tip from Marjory Duffin, John OHagan...Ch. 5 - Acting on a tip from Marjory Duffin, John OHagan...Ch. 5 - Acting on a tip from Marjory Duffin, John OHagan...Ch. 5 - OHaganBooks.com has two main...Ch. 5 - OHaganBooks.com has two main...Ch. 5 - OHaganBooks.com has two main...Ch. 5 - OHaganBooks.com has two main...Ch. 5 - Publisher Marjory Duffin reveals that...Ch. 5 - Publisher Marjory Duffin reveals that...Ch. 5 - Publisher Marjory Duffin reveals that...Ch. 5 - Publisher Marjory Duffin reveals that...Ch. 5 - Publisher Marjory Duffin reveals that...Ch. 5 - Publisher Marjory Duffin reveals that...Ch. 5 - Some of the books sold by OHaganBooks.com are...Ch. 5 - Some of the books sold by OHaganBooks.com are...Ch. 5 - Some of the books sold by OHaganBooks.com are...Ch. 5 - Some of the books sold by OHaganBooks.com are...

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Scalar or VectorIdentify the quantity as a scalar or as a vector. Explain your reasoning. (a) The muzzle veloci...

Calculus: Early Transcendental Functions (MindTap Course List)

Distance A boy is riding his motorcycle on a road that runs east and west. He leaves the road at a service stat...

Trigonometry (MindTap Course List)

If be a set of integers closed under subtraction .Prove that if and are in, then is in ...

Elements Of Modern Algebra

The sphere graphed at the right has equation:
(x − 2)2 + (y − 3)2 + (z − 4)2 = 1
(x − 2)2 + (y − 4)2 + (z − 4)2...

Study Guide for Stewart's Multivariable Calculus, 8th

The directrix of the conic given by r=62+10sin is: a) x=53 b) x=35 c) y=53 d) y=35

Study Guide for Stewart's Single Variable Calculus: Early Transcendentals, 8th

In Exercises 52-55, determine whether the statement is true or false. If it is true, explain why it is true. If...

Finite Mathematics for the Managerial, Life, and Social Sciences

If the volume of the box is 252 in3, find the value of x.See the figure for Exercise 25.

Elementary Geometry for College Students

The relationship between x = Total number of salmon in a creek and y = Percentage of salmon killed by bears tha...

Introduction To Statistics And Data Analysis

Tangent Lines Find equations of both tangent lines to the graph of the ellipse x24+y29=1 that pass through the ...

Calculus (MindTap Course List)

Finding the Distance Between Two Parallel Lines In Exercises 99 and 100, verify that the two lines are parallel...

Multivariable Calculus

In Exercises 110, (a) find the expected value of each 1 bet in roulette and (b) interpret it. the even-number b...

Mathematics: A Practical Odyssey

Guessing on matching questions Ten words are to be paired with the correct 10 out of 12 possible definitions. H...

College Algebra (MindTap Course List)

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STATISTICS F/BUSINESS+ECONOMICS-TEXT

Solve these exercise. A vat in the shape of a hemisphere with an 18.00-inch inside diameter contains liquid. Wh...

Mathematics For Machine Technology

Describe some of the problems that can arise when the participants in one treatment condition of a between-subj...

Research Methods for the Behavioral Sciences (MindTap Course List)

Describe the characteristics of a within-subjects experimental research design.

Research Methods for the Behavioral Sciences (MindTap Course List)

The Consumer Reports Restaurant Customer Satisfaction Survey is based upon 148,599 visits to full-service resta...

Statistics for Business & Economics, Revised (MindTap Course List)