A primitive economy has a mining industry and a fishing industry, with technology matrix A. If surpluses
Question:
If surpluses of 147 units of mining output and 26 units of fishing output are desired, find the gross production of each industry?
Transcribed Image Text:
M 0.05 Mining 0.05 0.40 0.40 Fishing A
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 62% (16 reviews)
Where X 1 gross produ...View the full answer
Answered By
Ashington Waweru
I am a lecturer, research writer and also a qualified financial analyst and accountant. I am qualified and articulate in many disciplines including English, Accounting, Finance, Quantitative spreadsheet analysis, Economics, and Statistics. I am an expert with sixteen years of experience in online industry-related work. I have a master's in business administration and a bachelor’s degree in education, accounting, and economics options.
I am a writer and proofreading expert with sixteen years of experience in online writing, proofreading, and text editing. I have vast knowledge and experience in writing techniques and styles such as APA, ASA, MLA, Chicago, Turabian, IEEE, and many others.
I am also an online blogger and research writer with sixteen years of writing and proofreading articles and reports. I have written many scripts and articles for blogs, and I also specialize in search engine
I have sixteen years of experience in Excel data entry, Excel data analysis, R-studio quantitative analysis, SPSS quantitative analysis, research writing, and proofreading articles and reports. I will deliver the highest quality online and offline Excel, R, SPSS, and other spreadsheet solutions within your operational deadlines. I have also compiled many original Excel quantitative and text spreadsheets which solve client’s problems in my research writing career.
I have extensive enterprise resource planning accounting, financial modeling, financial reporting, and company analysis: customer relationship management, enterprise resource planning, financial accounting projects, and corporate finance.
I am articulate in psychology, engineering, nursing, counseling, project management, accounting, finance, quantitative spreadsheet analysis, statistical and economic analysis, among many other industry fields and academic disciplines. I work to solve problems and provide accurate and credible solutions and research reports in all industries in the global economy.
I have taught and conducted masters and Ph.D. thesis research for specialists in Quantitative finance, Financial Accounting, Actuarial science, Macroeconomics, Microeconomics, Risk Management, Managerial Economics, Engineering Economics, Financial economics, Taxation and many other disciplines including water engineering, psychology, e-commerce, mechanical engineering, leadership and many others.
I have developed many courses on online websites like Teachable and Thinkific. I also developed an accounting reporting automation software project for Utafiti sacco located at ILRI Uthiru Kenya when I was working there in year 2001.
I am a mature, self-motivated worker who delivers high-quality, on-time reports which solve client’s problems accurately.
I have written many academic and professional industry research papers and tutored many clients from college to university undergraduate, master's and Ph.D. students, and corporate professionals. I anticipate your hiring me.
I know I will deliver the highest quality work you will find anywhere to award me your project work. Please note that I am looking for a long-term work relationship with you. I look forward to you delivering the best service to you.
3.00+
2+ Reviews
10+ Question Solved
Related Book For
Mathematical Applications for the Management Life and Social Sciences
ISBN: 978-1305108042
11th edition
Authors: Ronald J. Harshbarger, James J. Reynolds
Question Posted:
Students also viewed these Calculus questions
-
One sector of an economy consists of a mining industry and a manufacturing industry, with technology matrix A. (a) Surpluses of 36 units of mining output and 278 units of manufacturing output are...
-
Suppose a primitive economy consists of two industries, farm products and farm machinery. Suppose also that its technology matrix is If surpluses of 96 units of farm products and 8 units of farm...
-
A primitive economy consists of a fishing industry and an oil industry. A unit of fishing industry output requires 0.30 unit of fishing industry input and 0.35 unit of oil industry input. A unit of...
-
Using the information for Sarot, Inc., in SE 4 and SE 5, compute the current ratio, quick ratio, receivable turnover, days sales uncollected, inventory turnover, days inventory on hand, payables...
-
The velocity of waves on a string is 92m/s. If the frequency of standing waves is 475 Hz, how far apart are two adjacent nodes?
-
Dr. Meredith Grey is a 76-year-old woman that presented to the outpatient clinic for reports of problems with attention/concentration (e.g., problems focusing for long periods and is easily...
-
When engaged to express an opinion on one or more specified elements, accounts, or items of a financial statement, an auditor: a. May not describe auditing procedures applied. b. Should advise that...
-
Whirly Corporations most recent income statement is shown below: Required: Prepare a new contribution format income statement under each of the following conditions (consider each case...
-
A baseball of mass 0.3kg approaches the bat at a speed of 30 miles/hour, and when the ball hits the bat for 0.5 s, it starts to move away from the bat at a speed of 60 miles/hour. Find the impulse?
-
After watching the video on expatriates, discuss the following: 1. What kind of staffing approach is being used by Dubai? Explain. 2. What does Kevin ONeal, as an expatriate, bring to Dubai? 3. What...
-
An economy is based on two industries: utilities and manufacturing. The technology matrix for these industries is A. If surpluses of 80 units of utilities output and 180 units of manufacturing are...
-
Suppose the economy of an underdeveloped country has an agricultural industry and an oil industry, with technology matrix A. (a) If surpluses of 0 units of agricultural products and 610 units of oil...
-
Payless Shoes has a shoe contract with a Taiwanese supplier. The T$30 million purchase is invoiced in new Taiwan dollars (T$) and is due in three months. The current spot and 3-month forward exchange...
-
You interviewed a property realtor and advise in report the following: 1) Explain why understanding communication styles is beneficial for a career in sales? 2) What is your style? (do the self...
-
Part of building your LinkedIn profile is developing your personal brand statement in your executive summary section. Not only should the summary be charming; it should identify the unique value you...
-
Choose an organization Provide a brief historical summary on the individual or organization. Reflect on the diversity and equity plan of the organization. Identify and explain the unethical...
-
After determining a shortfall in results of the marketing program, what will a company do in response? Question 6Answer a. Try the plan over to determine if the shortfall is accurate. b. Respond by...
-
A 1000 kg car starts from rest on a horizontal road and gains speed of 45 km/h in 15 s. a) what is the kinetic energy of the car at 15s? [3 marks] b) What is the average power of the car during this...
-
Beale Management has a noncontributory, defined benefit pension plan. On December 31, 2021 (the end of Beale?s fiscal year), the following pension-related data were available: Required: 1. Prepare...
-
Match the following. Answers may be used more than once: Measurement Method A. Amortized cost B. Equity method C. Acquisition method and consolidation D. Fair value method Reporting Method 1. Less...
-
If in Problem 40 the mountain bikes cost the shop $1360 each, at what selling price will MMR IIs profit be a maximum?
-
The total cost function for a product is C = 2x 2 + 54x + 98. How many units must be produced to minimize average cost?
-
The table gives the number of women age 16 years or older (in millions) in the U.S. civilian workforce for selected years from 1950 and projected to 2050. (a) Use x as the number of years past 1950...
-
6 XTL Company manufactures tables and has two divisions, the Production Division and the Assembly Division. The Production Division manufactures tables for the Assembly Division, which completes the...
-
UMPI Corporation manufactures and sells mini robots, a seasonal product that has peak sales in the 3rd quarter. The following information is related to the operations for Year 2 (the upcoming year)...
-
Please insert answer in the highlighted area. Please also include the cell formula in the explanation for better understanding. TranscribedText: Start 1 IN 5 6 7 8 TV Key Assumptions Construction...
Humans In Organizations Topics In Organizational Behavior 1st Edition - ISBN: 1980969485 - Free Book
Study smarter with the SolutionInn App