One sector of an economy consists of a mining industry and a manufacturing industry, with technology matrix
Question:
(a) Surpluses of 36 units of mining output and 278 units of manufacturing output are desired. Find the gross production of each industry.
(b) Find the additional production needed from each industry for 1 more unit of mining surplus?
Transcribed Image Text:
M Mfg 0.2 Mining 0.1 0.3 Manufacturing 0.3 _0.6
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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:
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