subject
Mathematics, 25.02.2020 21:11 trillsmith

Consider an economy with three sectors, Chemicals & Metals, Fuels & Power, and Machinery. Chemicals sells 30% of its output to Fuels and 50% to Machinery and retains the rest. Fuels sells 80% of its output to Chemicals and 10% to Machinery and retains the rest. Machinery sells 40% to Chemicals and 40% to Fuels and retains the rest. Develop a system of equations that leads to prices at which each sector’s income matches its expenses. Then write the augmented matrix that can be row reduced to find these prices.

ansver
Answers: 1

Another question on Mathematics

question
Mathematics, 21.06.2019 13:20
There are 12 boy and13 girls in a class. if the teacher randomly chooses a student’s name out of a hat what is the probability it will be a girl
Answers: 2
question
Mathematics, 21.06.2019 17:30
Mickey needs to cut pieces of ribbon that are each 1 meter long tie onto balloons. if he has 8 pieces of ribbon that are each 1 dekameter long. how many 1 meter pieces of ribbon can he cut
Answers: 1
question
Mathematics, 21.06.2019 23:00
If i purchase a product for $79.99 and two accessories for 9.99 and 7.00 how much will i owe after taxes applies 8.75%
Answers: 2
question
Mathematics, 21.06.2019 23:20
The graph of y=x3 is transformed as shown in the graph below. which equation represents the transformed function?
Answers: 1
You know the right answer?
Consider an economy with three sectors, Chemicals & Metals, Fuels & Power, and Machinery. Ch...
Questions
question
Mathematics, 27.02.2021 22:40
question
Mathematics, 27.02.2021 22:40
question
Mathematics, 27.02.2021 22:40
question
Mathematics, 27.02.2021 22:40
question
History, 27.02.2021 22:40
question
Mathematics, 27.02.2021 22:40
question
Mathematics, 27.02.2021 22:40
Questions on the website: 13722363