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Suppose a primitive economy consists of two industries, farm products and farm machinery. Suppose also that its technolo
Posted: Mon Jul 11, 2022 10:27 am
by answerhappygod
- Suppose A Primitive Economy Consists Of Two Industries Farm Products And Farm Machinery Suppose Also That Its Technolo 1 (11.76 KiB) Viewed 25 times
Suppose a primitive economy consists of two industries, farm products and farm machinery. Suppose also that its technology matrix is represented by the matrix shown below. P M Products 0.6 0.2 0.2 0.4] Machinery If surpluses of 100 units of farm products and 5 units of farm machinery are desired, find the gross production of each industry. products machinery. A= units units