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Suppose an economy has four sectors, Agriculture (A), Energy (E), Manufacturing (M), and Transportation (T). Sector A sells 10% of its output to E and 25% to M and retains the rest. Sector E sells 30% of its output to A, 35% to M, and 25% to T and retains the rest. Sector M sells 30% of its output to A, 15% to E, and 40% to T and retains the rest. Sector T sells 20% of its output to A, 10% to E, and 30% to M and retains the rest.
(a) Construct a diagram that shows the exchange between the three sectors.
(b) Determine the exchange table for this economy, where the columns describe how the output of each sector is exchanged among the four sectors.
(c) Denote the prices of the total annual outputs of the sectors by pA, pE, pM and pT respectively. Determine the equations that need to hold for the equilibrium prices for the four sectors.
(d) Find the equilibrium prices, if they exist.
what is 300000000000000000000+612222
Sabrina invested 1500000 in stocks and bonds.Her investment in bonds is 5000 more than half her investment in stocks.How much did she invest in each ?
I really need help in this question (-5d + 1)(-2) I am really confused
An object 4.8 feet tall casts a shadow that is 14.4 feet long. How long in feet would the shadow be for an object which is 13.2 feet tall?
#question.0.3x-0.4y=-2.2 -0.1x-0.4y=-1.4
1/1+x+1/y+1/1+z+1/x+1/1+y+1/z=1
Mr. Rodriquez comments on a recent test. "well, the class average on the test is exactly 83. if I take away the best score, the average is exactly 82." if there are 16 students in
It is the final type of problems which we'll be looking at in this section. We are going to be looking at mixing solutions of distinct percentages to obtain a new percentage. The
When the Gleo Retro (a trendy commuter car) is brand new, it costs $23,500. Each year it loses 15 % of its value. What will the car be worth when it is 15 years old?
16x-10y=10 -8x-6y=6
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