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A System Composed of Two Industries, Coal and Steel, Has

Question 7

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A system composed of two industries, coal and steel, has the inputs as seen below.(a) To produce 1 dollar's worth of output, the coal industry requires $0.30 of its own product and $0.70 of steel. (b) To produce 1 dollar's worth of output, the steel industry requires $0.30 of its own product and $0.10 of coal. Find D, the input-output matrix for this system. Then solve for the output matrix X in the equation A system composed of two industries, coal and steel, has the inputs as seen below.(a) To produce 1 dollar's worth of output, the coal industry requires $0.30 of its own product and $0.70 of steel. (b) To produce 1 dollar's worth of output, the steel industry requires $0.30 of its own product and $0.10 of coal. Find D, the input-output matrix for this system. Then solve for the output matrix X in the equation where the external demand is . Round all the entries of the matrix to two decimal places, where applicable. A) B) C) D) E) where the external demand is A system composed of two industries, coal and steel, has the inputs as seen below.(a) To produce 1 dollar's worth of output, the coal industry requires $0.30 of its own product and $0.70 of steel. (b) To produce 1 dollar's worth of output, the steel industry requires $0.30 of its own product and $0.10 of coal. Find D, the input-output matrix for this system. Then solve for the output matrix X in the equation where the external demand is . Round all the entries of the matrix to two decimal places, where applicable. A) B) C) D) E) . Round all the entries of the matrix to two decimal places, where applicable.


A) A system composed of two industries, coal and steel, has the inputs as seen below.(a) To produce 1 dollar's worth of output, the coal industry requires $0.30 of its own product and $0.70 of steel. (b) To produce 1 dollar's worth of output, the steel industry requires $0.30 of its own product and $0.10 of coal. Find D, the input-output matrix for this system. Then solve for the output matrix X in the equation where the external demand is . Round all the entries of the matrix to two decimal places, where applicable. A) B) C) D) E)
B) A system composed of two industries, coal and steel, has the inputs as seen below.(a) To produce 1 dollar's worth of output, the coal industry requires $0.30 of its own product and $0.70 of steel. (b) To produce 1 dollar's worth of output, the steel industry requires $0.30 of its own product and $0.10 of coal. Find D, the input-output matrix for this system. Then solve for the output matrix X in the equation where the external demand is . Round all the entries of the matrix to two decimal places, where applicable. A) B) C) D) E)
C) A system composed of two industries, coal and steel, has the inputs as seen below.(a) To produce 1 dollar's worth of output, the coal industry requires $0.30 of its own product and $0.70 of steel. (b) To produce 1 dollar's worth of output, the steel industry requires $0.30 of its own product and $0.10 of coal. Find D, the input-output matrix for this system. Then solve for the output matrix X in the equation where the external demand is . Round all the entries of the matrix to two decimal places, where applicable. A) B) C) D) E)
D) A system composed of two industries, coal and steel, has the inputs as seen below.(a) To produce 1 dollar's worth of output, the coal industry requires $0.30 of its own product and $0.70 of steel. (b) To produce 1 dollar's worth of output, the steel industry requires $0.30 of its own product and $0.10 of coal. Find D, the input-output matrix for this system. Then solve for the output matrix X in the equation where the external demand is . Round all the entries of the matrix to two decimal places, where applicable. A) B) C) D) E)
E) A system composed of two industries, coal and steel, has the inputs as seen below.(a) To produce 1 dollar's worth of output, the coal industry requires $0.30 of its own product and $0.70 of steel. (b) To produce 1 dollar's worth of output, the steel industry requires $0.30 of its own product and $0.10 of coal. Find D, the input-output matrix for this system. Then solve for the output matrix X in the equation where the external demand is . Round all the entries of the matrix to two decimal places, where applicable. A) B) C) D) E)

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