Question: I would really appreciate help with this Linear Algebra problem. Thanks! Suppose an economy has four sectors: Mining, Lumber, Energy, and Transportation. Mining sells 10
I would really appreciate help with this Linear Algebra problem. Thanks!

Suppose an economy has four sectors: Mining, Lumber, Energy, and Transportation. Mining sells 10 % of its output to Lumber, 70% to Energy, and retains the rest. Lumber sells 10 % of its output to Mining, 50 % to Energy, 20% to Transportation, and retains the rest. Energy sells 30% of its output to Mining, 15% to Lumber , 30 % to Transportation, and retains the rest. Transportation sells 15 % of its output to Mining, 10% to Lumber, 40% to Energy, and retains the rest. a. Construct the exchange table for this economy. b. Find a set of equilibrium prices for this economy a. Complete the exchange table below. Distribution of Output from: Lumber Energy 3 ransnortation Mining Purchased by: 15 Mining 15 1 Lumber 5 25 4 Energy Transportation 0 3 35 (Type integers or decimals.) b. Denote the prices (that is, dollar values) of the total annual outputs of the Mining, Lumber, Energy, and Transportation sectors by p PL. PE, and pT, respectively. If PT $100, then PM=$[ PL = $ [ , and PE $ (Round to the nearest dollar as needed.) ? Enter your answer the edit fields and then click Check Answer, All parts showing Clear All Check Answer Suppose an economy has four sectors: Mining, Lumber, Energy, and Transportation. Mining sells 10 % of its output to Lumber, 70% to Energy, and retains the rest. Lumber sells 10 % of its output to Mining, 50 % to Energy, 20% to Transportation, and retains the rest. Energy sells 30% of its output to Mining, 15% to Lumber , 30 % to Transportation, and retains the rest. Transportation sells 15 % of its output to Mining, 10% to Lumber, 40% to Energy, and retains the rest. a. Construct the exchange table for this economy. b. Find a set of equilibrium prices for this economy a. Complete the exchange table below. Distribution of Output from: Lumber Energy 3 ransnortation Mining Purchased by: 15 Mining 15 1 Lumber 5 25 4 Energy Transportation 0 3 35 (Type integers or decimals.) b. Denote the prices (that is, dollar values) of the total annual outputs of the Mining, Lumber, Energy, and Transportation sectors by p PL. PE, and pT, respectively. If PT $100, then PM=$[ PL = $ [ , and PE $ (Round to the nearest dollar as needed.) ? Enter your answer the edit fields and then click Check Answer, All parts showing Clear All Check
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