Question: A primitive economy depends on two basic goods, yams and pork. Production of 1 bushel of yams requires 1/4 bushel of yams and 1/2 of
De amount of each pommodiy that should be producod to get the following (a) 1 buatei of yams and 1 pig (b) 200 butheis of yome and to pigs (a) Find the irput output natris, A and Ee demand matrix 0 , lor this esonomy The inpulioutrut inarisis (Type an integer or taction bor eati mathx eiement? The demand matre is (Thpe an integer or traction for exch matrix element) To ont 1 bunet of yame and 1 pig regures bushel(s) of yams and pigiv) (Reund the fral answers to one decind plase as needed Floind al ptamedas vaves to free decimal places as needed) (b) To get 200 buhes of yame and 60 pess rwaures bushe(s) of yars and pigs)
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
