Answer:
Step-by-step explanation:
(b) An economy has an agricultural industry and a textile industry. Each unit of agricultural output requires 0.4 unit of agricultural input and 0.1 unit of textiles input. Each unit of textiles output requires 0.1 unit of agricultural input and 0.2 unit of textiles input.
(i) Write the technology matrix for this economy. [2 marks]
(ii) If surpluses of 5 units of agricultural products and 195 units of textiles are desired, find the gross production of each industry
Leontief input output model (technology matrix) is an economic model that shows the quantitative relationship and sectorial interdependency in a national economy
The responses with regards to the question are;
(i) The technology matrix for the economy is presented as follows;
[tex]\mathbf{ A} =\left[\begin{array}{ccc}Agric&&Textile\\0.4&&0.1\\&&\\0.1&&0.2\end{array}\right] \begin{array}{ccc}\mathbf{Per \ Unit}\\Agriculture\\\\Textile\end{array}\right][/tex]
(ii) The required gross production of each industry to meet the desired surplus are;
50 units of agriculture and 250 units of textile
The reason the above values are correct is as follows:
(i) The given parameters are;
The industries in the economy = Agricultural industry and textile industry
Units of agricultural input required per unit of agricultural output = 0.4
Units of textile input required per unit of agricultural output = 0.1
Units of agricultural input required per unit of textile output = 0.1
Units of textile input required per unit of textile output = 0.2
Let X represent agriculture, and let Y represent textile, we have;
[tex]Agric \ for \ agric = \dfrac{0.4 \ units \ of \ agriculture}{1\ unit \ of \ agric \ produced} \times X \ Agric \ produced= 0.4 \cdot X[/tex]
[tex]Agric \ for \ textile = \dfrac{0.1 \ units \ of \ agriculture}{1\ unit \ of \ textile \ produced} \times Y \ textile \ produced= 0.1 \cdot Y[/tex]
We also have;
Textile for agriculture = 0.1·X
Textile for textile = 0.2·Y
Therefore;
X = 0.4·X + 0.1·Y
Y = 0.1·X + 0.2·Y
Therefore;
The technology matrix for the economy is presented as follows;
[tex]\mathbf{Technology \ matrix, A} =\left[\begin{array}{ccc}Agric&&Textile\\0.4&&0.1\\&&\\0.1&&0.2\end{array}\right] \begin{array}{ccc}\mathbf{Per \ Unit}\\Agriculture\\\\Textile\end{array}\right][/tex]
(ii) Let P represent the production vector, and let d represent the demand vector, we have;
[tex]P = \left[\begin{array}{c}X \\Y\end{array}\right][/tex], [tex]d = \left[\begin{array}{c}5 \\195\end{array}\right][/tex]
P = A·P + d
∴ P - A·P = d
Therefore;
[tex]P = \mathbf{ \dfrac{d}{(I - A)}}[/tex]
Where I = The 2 by 2 identity matrix
We get;
[tex]I - A =\left[\begin{array}{ccc}1&&0\\&&\\0&&1\end{array}\right] - \left[\begin{array}{ccc}0.4&&0.1\\&&\\0.1&&0.2\end{array}\right] = \mathbf{\left[\begin{array}{ccc}0.6&&-0.1\\&&\\-0.1&&0.8\end{array}\right]}[/tex]
With the use of a graphing calculator, we have;
[tex]P =\left[\begin{array}{c}X \\Y\end{array}\right] = \dfrac{\left[\begin{array}{c}5 \\195\end{array}\right]}{\left[\begin{array}{ccc}0.6&&-0.1\\&&\\-0.1&&0.8\end{array}\right]} = \left[\begin{array}{ccc}50\\\\\ 250\end{array}\right][/tex]
The required gross product of agriculture, X = 50 units
The required gross product of textile, Y = 250 units
Learn more about the Leontief input output model here:
https://brainly.com/question/15417573
We have that he technology matrix for this economy and the the gross production of each industry are
a) [tex]X= \begin{vmatrix}0.4 & 0.1 \\0.1 & 0.2\end{vmatrix}[/tex]
b) [tex]\begin{vmatrix}A\\T\end{vmatrix}=\begin{vmatrix}50\\250\end{vmatrix}[/tex]
From the Question we have told that
Each unit of agricultural output requires 0.4 unit of agricultural input
Each unit of agricultural output requires 0.1 unit of textiles input.
Each unit of textiles output requires 0.1 unit of agricultural input
Each unit of textiles output requires 0.2 unit of textiles input.
Generally the technology matrix for this economy is given below
With
X =Agricultural industry Gross output
Y= Textile industry Gross Output
Therefore
[tex]X= \begin{vmatrix}0.4 & 0.1 \\0.1 & 0.2\end{vmatrix}[/tex]
b)
From the Question we are told that
Surpluses of 5 units of agricultural products and 195 units of textiles are desired.
Therefore, we have Desired surplus matrix of
[tex]D= \begin{vmatrix}5\\195\end{vmatrix}[/tex]
Generally the Technology equation is mathematically given as
[tex](I-X)\phi=D[/tex]
Where
X =Agricultural industry Gross output
I=A Unit matrix
\phi=Matrix of gross production
Therefore
[tex]\begin{vmatrix}1 & 0\\0 & 1\end{vmatrix}-(\begin{vmatrix}0.4 & 0.1 \\0.1 & 0.2\end{vmatrix}))\begin{vmatrix}A\\T\end{vmatrix}=\begin{vmatrix}5\\195\end{vmatrix}[/tex]
[tex]\begin{vmatrix}A\\T\end{vmatrix}=\begin{vmatrix}50\\250\end{vmatrix}[/tex]
In conclusion
The technology matrix for this economy and the the gross production of each industry are
[tex]X= \begin{vmatrix}0.4 & 0.1 \\0.1 & 0.2\end{vmatrix}[/tex]
[tex]\begin{vmatrix}A\\T\end{vmatrix}=\begin{vmatrix}50\\250\end{vmatrix}[/tex] Respectively
In conclusion
https://brainly.com/question/16863924
A research center poll showed that 76% of people believe that it is morally wrong to not report all income on tax returns. What is the probability that someone does not have this belief?
Answer:
6/25
Step-by-step explanation:
P(have belief) =76/100 = 19/25
P (does not have belief) = 1-19/25 = 6/25
Help me solve the question in picture
9514 1404 393
Answer:
√5 +√6
Step-by-step explanation:
We know that the square of a binomial is ...
(a +b)^2 = a^2 +2ab +b^2
Then the square root of it is ...
a + b = √(a^2 +b^2 +2ab)
Using a=√x and b=√y, this is ...
√x +√y = √(x + y + 2√(xy))
__
For the given expression, we need to find x and y such that ...
xy = 30 and x+y = 11
Using x=5, y=6, we meet those requirements.
[tex]\displaystyle \sqrt{11+2\sqrt{30}}=\sqrt{5+6+2\sqrt{5\cdot6}}=\boxed{\sqrt{5}+\sqrt{6}}[/tex]
Answer:
√5+√6 ≈ 4.68555772
Step-by-step explanation:
I hope it's correct
seven times a number decreased by the number is -48 . Find the number.
Answer:
a = -8
Step-by-step explanation:
Let the required number be "a".
Given that, seven times a number minus the number is -48
7 × a - a = -48
7a - a = -48
6a = -48
a = (- 48) / 6
a = -8
Find x.
60°
45°
6
—————
Answer:
Step-by-step explanation:
Add the first 12 terms of this sequence:
15, 45, 135, 405, 1215, ...
Answer:
Step-by-step explanation:
a₁ = 15
a₂/a₁ = 45/15 = 3
a₃/a₂ = 135/45 = 3
...
It is a geometric sequence with a common ratio r=3.
Sum of first 12 terms = a₁·(1-r¹²)/(1-r)
= 15·(1-3¹²)/(1-3)
= 15·(-531,441)/(-2)
= 3,985,800
write your answer in simplest radical form
Answer:
[tex]8\sqrt{2}[/tex]
Step-by-step explanation:
Maybe this image can help you.
What is the US TREASURY BONDS pretax expected return?
Answer:
this is the return on an investment that does not include the taxes the investor must pay on this return
The daily production of electronic motors at a certain factory averaged 120 with a variance of 100. The fraction of days that will have production levels between 100 and 140 assuming doubt about the normality of the data is
How many natrual numbers in between 68 and 145
Answer:
76 natural number not including the first
Hope this helps <3 Comment if you want more thanks and be sure to give brainliest (4 left) <3
There are 78 natural numbers between 68 and 145.
What are the Natural numbers?The Natural numbers are defined as it used for counting and are a component of the number system, which includes all positive integers from 1 to infinity. It does not include zero (0).
The set of natural numbers includes only the positive integers, i.e., 1, 2, 3, 4, 5, 6, ……….∞.
Sum of natural numbers are n(n+1)/2
Sn = n(n+1)/2
Hence, this is the formula to calculate sum of 'n' natural numbers.
Given that numbers are 68 and 145
We will start counting from 68 to 144
Number of natural numbers between 68 and 145 = (144 - 67)+1
Number of natural numbers between 68 and 145= 77 +1
Number of natural numbers between 68 and 145 = 78
Hence, there are 78 natural numbers between 68 and 145.
Learn more about Natural numbers here:
https://brainly.com/question/17429689
#SPJ2
4)
Write an inequality for the graph below. If necessary, use
<= for < or >= for .
9514 1404 393
Answer:
y < -1/4x -1
Step-by-step explanation:
The boundary line appears to go through the points (-4, 0) and (0, -1). This tells you it has a "rise" of -1 for a "run" of 4. The slope is ...
m = rise/run = -1/4
The y-intercept (b) is the point where the y-axis is crossed. The slope-intercept equation of the boundary line is ...
y = mx + b
y = -1/4x -1
__
The boundary line is dashed, so is not included in the solution set. The shading is below the line, so all y-values less than (but not equal to) the boundary line are in the solution set:
y < -1/4x -1
Given a sphere with radius r, the formula 4 r2 gives
O A. the volume
O B. the surface area
O c. the radius
O D. the cross-sectional area
Answer: surface area
Step-by-step explanation:
What percentages of participants in the study were American?
In a residual plot against x that does NOT suggest we should challenge the assumptions of our regression model, we would expect to see a _____. a. parabolic band of points b. band of points having a slope consistent with that of the regression equation c. horizontal band of points centered near 0 d. widening band of points
Answer:
In a residual plot against x that does NOT suggest we should challenge the assumptions of our regression model, we would expect to see a _____.
c. horizontal band of points centered near 0
Step-by-step explanation:
This residual graph or plot shows the residual values (or the difference between the observed y-value (from scatter plot) and the predicted y-value (from regression equation line) on the vertical axis and displays the independent variable on the horizontal axis. A linear regression model becomes appropriate for a dataset when the points are randomly dispersed around the horizontal axis near 0; otherwise, a nonlinear model becomes more appropriate.
Can you please help me
Answer: 1/6
Step-by-step explanation:
Given:
4/9 and 11/18
Solve:
STEP ONE: Make the denominators equal by determining the LCM
LCM = Least Common Multiple
First Five multiples of 9 = 9, 18, 27, 36, 45
First FIve multiples of 18 = 18, 36, 54, 72, 90
As we can see from the list above, both 18 and 36 overlap, however, 18 is less than 36. Therefore, 18 is the LCM.
STEP TWO: Compare the size and determine the greater one.
4/9 = (4 × 2) / (9 × 2) = 8/18
11/18 = 11/18
Since 11 > 8, therefore, 11/18 is greater than 8/18
STEP THREE: Find the difference between the two fractions.
11/18 - 4/9
=11/18 - 8/18
=(11 - 8) / 18
= 3 / 18
= 1/6
Hope this helps!! :)
Please let me know if you have any questions
find the value of the trigonometric ratio. make sure to simplify the fraction if needed
Answer:
Cos C = a/h
= 21/35
Step-by-step explanation:
since cos is equal to adjacent angle over hypotenuse angle, so from the question we conclude Cos C = 21/35
11. The unit digit in the expression (31 + 132 + 143 + 414 + 515 +156 + 61) i (A) 4 (B) 3 (C) 2 . (D) 1
Answer:
Step-by-step explanation:
[tex]we \ add \ \ only \ \ units \ we \ do \ not \ need \ the \ rest \\\\ \bf (3\underline 1 + 13\underline2 + 14\underline3 + 41\underline4 + 51\underline5 +15\underline6 + 6\underline1)= \\\\ 1+2+3+4+5+6+1=2\underline 2 \\\\ Answer: C) \ 2[/tex]
find area of shaded region
Answer:
The answer is 21.98. I just took area of the whole circle and subtracted it with the area of two circles in it
Answer:
21. 99
Step-by-step explanation:
[tex]s = \pi \times {r}^{2} \\ s1 = 3.14 \times 9 = 28.27 \\ s2 = 3.14 \times 1 = 3.14 \\ a = 28.27 - (3.14 \times 2) = 28.27 - 6.28 = 21.99[/tex]
f(x)=4(2)^x
what would a graph of this look like?
9514 1404 393
Answer:
see attached
Step-by-step explanation:
A graphing calculator can do a nice job of showing you what the graph looks like.
The initial factor of 4 is the value when x=0, the y-intercept. The base of 2 tells you the function value is multiplied by 2 for each unit of x to the right, and divided by 2 for each unit of x to the left. (The curve quickly goes off the top of the graph.)
The horizontal asymptote is y=0, as it is for all exponential functions (that have not been translated).
Which function has a maximum with the same maximum value as
Answer:
Step-by-step explanation:
Help please. For the hign school basketball game, it costs $8 for every 4 tickets. Complete the table below showing the cost and the number of tickets.
Answer:
$2 for 1 ticket, 7 tickets for $14, $18 for 9 tickets, 10 tickets for $20
Step-by-step explanation:
Since we know that it $8 for 4 tickets, we can simplify the ratio down to 2:1, meaning that each ticket is $2.
You're welcome and good luck with your classes young one
Hey community I thank you guys fir your help
Answer:
A, B, and E.
Step-by-step explanation:
A. 5^x * 5^x
= 5^x+x
=5^(2)(x)
=25^x
B. 5^2x
=5^(2)(x)
=25^x
C. 5*5^2x
=5^1+2x
D. 5*5^x
=5^1+x
E. (5*5)^x
=5^x*5^x
=5^(2)(x)
=25^x
F. 5^2*5^x
=5^2+x
if x+y=2 and x=4 then x+2y
You need a 75% alcohol solution. On hand, you have a 60 mL of a 55% alcohol mixture. You also have 85% alcohol mixture. How much of the 85% mixture will you need to add to obtain the desired solution?
You will need_____ mL of the 85% solution
60 mL=55% alcohol
?mL=85% alcohol
85×60÷55
=92.727 mL
I think do like this....I'm not sure
Hope this help you
9514 1404 393
Answer:
120 mL
Step-by-step explanation:
Let x represent the amount of 85% solution needed. Then the total amount of alcohol in the mix is ...
0.55(60) +0.85(x) = 0.75(60 +x)
33 + 0.85x = 45 +0.75x . . . . . . . eliminate parentheses
0.85x = 12 +0.75x . . . . . . . . . .subtract 33
0.10x = 12 . . . . . . . . . . . . . . subtract 0.75x
x = 120 . . . . . . . . . . . . . . multiply by 10
You will need 120 mL of the 85% solution.
Find the missing side round your answer to the nearest tenth.
Answer: 20.5
Step-by-step explanation:
Cos 43 = X/28
O.73 = x/28
(0.73)(28)=20.5
I need help with this question!
The term "downers" refers to ..
Alice wants to estimate the percentage of people who plan
on voting yes for the upcoming school levy. She surveys
380 individuals and finds that 260 plan on voting yes.
Identify the values needed to calculate a confidence interval
at the 90% confidence level. Then find the confidence interval.
zo10 z0.05 zo.025 zo01 z0.005
1.282 1.645 1.960 2.326 2.576
Use the table of common z-scores above.
Answer:
"[tex]0.6450 < p < 0.723[/tex]" is the right solution.
Step-by-step explanation:
Given:
n = 380
x = 260
Point estimate,
[tex]\hat p = \frac{x}{n}[/tex]
[tex]=\frac{260}{380}[/tex]
[tex]=0.6842[/tex]
Critical value,
[tex]Zc = 1.645[/tex]
Standard error will be:
[tex]S.E = \sqrt{\frac{0.6842(1-0.6842)}{380} }[/tex]
[tex]=0.0238[/tex]
Margin of error will be:
[tex]E = Zc\times S.E[/tex]
[tex]=1.645\times 0.0238[/tex]
[tex]=0.0392[/tex]
hence,
Confidence level will be:
= [tex]\hat p \pm E[/tex]
= [tex]0.6842 \pm 0.0392[/tex]
= [tex]0.6450 < p < 0.723[/tex]
Louise has a hard time keeping her workspace clean at her job. She tries, but it just ends up getting messy again. Which of the following is a likely outcome of her consistent messiness? a) She will have fewer safety issues. b) She will feel more productive. c) Customers will think she is very busy. d) She will have a hard time focusing.
Write a word phrase for each algebraic expression.
13. n + 6
14. 5 - c
15. 11.5 + y
17. 3x + 10
16. x/4 - 17
18. 10x + 7z
Step-by-step explanation:
6 more than nc is subtracted from 5y more than 11.510 more than thrice of x17 less than x divided by 4The product of 7 and z is added to the product of 10 and x.