Essay
A simple economy consists of three sectors: agriculture (A), manufacturing (M), and transportation (T). The input-output matrix for this economy is given by
A M T If the units are measured in millions of dollars, determine the dollar amount of manufactured products required to produce $200 million worth of all goods in the economy.
$__________ million
Which sector(s) consumes the greatest amount of agricultural products in the production of a unit of goods in that sector?
__________
Which sector(s) consumes the least amount of agricultural products in the production of a unit of goods in that sector?
__________
Correct Answer:

Verified
Correct Answer:
Verified
Q185: Formulate but do not solve the problem.
Q186: Solve the matrix equation <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6027/.jpg" alt="Solve
Q187: Compute the product.<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6027/.jpg" alt="Compute the
Q188: Formulate but do not solve the problem.
Q189: Solve the system of linear equations using
Q191: Write a matrix equation that is equivalent
Q192: A simple economy consists of two industries:
Q193: Solve the matrix equation <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6027/.jpg" alt="Solve
Q194: Formulate but do not solve the problem.
Q195: Let <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6027/.jpg" alt="Let Find