Solved

Given the Technology Matrix A, and an External Demand Vector A=[0.40.30.10.2]A = \left[ \begin{array} { l l } 0.4 & 0.3 \\0.1 & 0.2\end{array} \right]

Question 35

Essay

Given the technology matrix A, and an external demand vector B, find the production vector X.

A=[0.40.30.10.2]A = \left[ \begin{array} { l l } 0.4 & 0.3 \\0.1 & 0.2\end{array} \right] , D=[27,00024,000]D = \left[ \begin{array} { l } 27,000 \\24,000\end{array} \right]

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions