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Get Full Access to Linear Algebra And Its Applications - 4 Edition - Chapter 2.6 - Problem 2e
Get Full Access to Linear Algebra And Its Applications - 4 Edition - Chapter 2.6 - Problem 2e

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# Exercises 1-4 refer to an economy that is | Ch 2.6 - 2E

ISBN: 9780321385178 62

## Solution for problem 2E Chapter 2.6

Linear Algebra and Its Applications | 4th Edition

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Problem 2E

Problem 2E

Exercises 1-4 refer to an economy that is divided into three sectors-manufacturing, agriculture, and services. For each unit of output, manufacturing requires .10 unit from other companies in that sector, .30 unit from agriculture, and .30 unit from services. For each unit of output, agriculture use .20 unit of its own output, .60 unit from manufacturing, and .10 unit from services. For each unit of output, the services sector consumes .10 unit from services, .60 unit from manufacturing, but no agricultural products.

Determine the production levels needed to satisfy a final demand of 20 units for agriculture, with no final demand for the other sectors. (Do not compute and inverse matrix.)

Step-by-Step Solution:
Step 1 of 3

HILD2B KLEIN March 3, 2017 Impact of the Civil War on American Society Intro: The Northern States in 1860 • most northerners still lived on farms • shift from artisan production to wage labor • most factories hired around 10 workers • most northern American white men still believed that natural way to be was self-employed because most of them were farmers • big manufacturing entities didn’t really exist at the time • in 1860s, it still seemed like a realistic vision to get land out west, work enough to make money and get their own farm in lands in west. • wanted strong nation state that would be able to put tariff on manufactured imported goods to support home manufacturing. wanted national government to

Step 2 of 3

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##### ISBN: 9780321385178

Linear Algebra and Its Applications was written by and is associated to the ISBN: 9780321385178. This full solution covers the following key subjects: unit, services, agriculture, manufacturing, output. This expansive textbook survival guide covers 65 chapters, and 1915 solutions. Since the solution to 2E from 2.6 chapter was answered, more than 227 students have viewed the full step-by-step answer. This textbook survival guide was created for the textbook: Linear Algebra and Its Applications, edition: 4. The answer to “Exercises 1-4 refer to an economy that is divided into three sectors-manufacturing, agriculture, and services. For each unit of output, manufacturing requires .10 unit from other companies in that sector, .30 unit from agriculture, and .30 unit from services. For each unit of output, agriculture use .20 unit of its own output, .60 unit from manufacturing, and .10 unit from services. For each unit of output, the services sector consumes .10 unit from services, .60 unit from manufacturing, but no agricultural products.Determine the production levels needed to satisfy a final demand of 20 units for agriculture, with no final demand for the other sectors. (Do not compute and inverse matrix.)” is broken down into a number of easy to follow steps, and 110 words. The full step-by-step solution to problem: 2E from chapter: 2.6 was answered by , our top Math solution expert on 08/10/17, 10:08AM.

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Exercises 1-4 refer to an economy that is | Ch 2.6 - 2E