subject
Mathematics, 25.06.2019 17:30 kernlearn2312

Suppose an economy consists of three sectors: energy (e), manufacturing (m), and agriculture (a). sector e sells 70% of its output to m and 30% to a. sector m sells 30% of its output to e, 50% to a, and retains the rest. sector a sells 15% of its output to e, 30% to m, and retains the rest. denote the prices (dollar values) of the total annual outputs of the energy, manufacturing, and agriculture sectors by pe, pm, and pa, respectively. if possible, find equilibrium prices that make each sector's income match its expenditures. find the general solution as a vector, with pa free.

ansver
Answers: 3

Another question on Mathematics

question
Mathematics, 21.06.2019 20:00
Could somebody me with this radical simplification?
Answers: 1
question
Mathematics, 22.06.2019 00:30
In september, louise planted a tree. every month, the tree louise planted grew 2 inches. what would the constant of proportionality of the line be?
Answers: 3
question
Mathematics, 22.06.2019 00:30
Jaxon has s packs of 8 crazy straws. he divided the crazy straws into 2 equal bags. now, he has 224 crazy straws in each bag. how many packs of crazy straws did jaxon start with?
Answers: 1
question
Mathematics, 22.06.2019 02:10
The key on a road map has a scale factor of 1.5 inches = 50 miles. the distance between santa fe and albuquerque measures 7.5 inches. the distance between santa fe and taos is 0.75 inches. what is the actual distance between the cities?
Answers: 3
You know the right answer?
Suppose an economy consists of three sectors: energy (e), manufacturing (m), and agriculture (a). s...
Questions
question
Mathematics, 18.10.2019 23:10
question
Chemistry, 18.10.2019 23:10
Questions on the website: 13722360