Solved: Let C and d be as in Exercise 5a. Determine the
Chapter 2, Problem 7E(choose chapter or problem)
Let C and d be as in Exercise 5.
a. Determine the production level necessary to satisfy a final demand for 1 unit of output from sector 1.
b. Use an inverse matrix to determine the production level necessary to satisfy a final demand of \(\left[\begin{array}{l}51 \\ 30\end{array}\right]\)
c. Use the fact that \(\left[\begin{array}{l}51 \\ 30\end{array}\right]=\left[\begin{array}{l}50 \\ 30\end{array}\right]+\left[\begin{array}{l}1 \\ 0\end{array}\right]\) to explain how and why the answers to parts (a) and (b) and to Exercise 5 are related.
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