Suppose that the economy of a small nation has an electronics industry, a steel industry, and an

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Suppose that the economy of a small nation has an electronics industry, a steel industry, and an auto industry, with the following technology matrix.

0.6 Electronics 0.2 0.2 0.1 0.4 A = 0.1 Steel 0.5 L0.1 0.2 0.2 Autos

If the nation wishes to have surpluses of 100 units of electronics production, 272 units of steel production, and 200 automobiles, find the gross production of each industry?

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Mathematical Applications for the Management Life and Social Sciences

ISBN: 978-1305108042

11th edition

Authors: Ronald J. Harshbarger, James J. Reynolds

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Question Posted: Feb 09, 2018 05:03 AM

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Suppose that the economy of a small nation has an electronics industry, a steel industry, and an

Question:

0.6 Electronics 0.2 0.2 0.1 0.4 A = 0.1 Steel 0.5 L0.1 0.2 0.2 Autos

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Mathematical Applications for the Management Life and Social Sciences

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