1. Repeat Exercise 11 for the consumer demand matrix 2. Given that find the production matrix when...

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1. Repeat Exercise 11 for the consumer demand matrix

2. Given that

[1.58 33 43 (I – A) = 48 1 - A)- = .38 1.5 .3 39 1.32

find the production matrix when the consumer demand matrix is

Suppose that a simplified economy consisting of the three sectors Manufacturing, Energy, and Services has the input-output matrix

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Finite Mathematics and Its Applications

ISBN: 978-0134768632

12th edition

Authors: Larry J. Goldstein, David I. Schneider, Martha J. Siegel, Steven Hair

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Question Posted: Feb 12, 2018 08:12 AM

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1. Repeat Exercise 11 for the consumer demand matrix 2. Given that find the production matrix when...

Question:

[ 10] 5 D = 20 [1.58 33 43 (I – A) = 48 1 - A)- = .38 1.5 .3 39 1.32

Step by Step Answer:

1 The production matri...View the full answer

Finite Mathematics and Its Applications

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