A company produces Web design, software, and networking services. View the company as an open economy described by the a

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A company produces Web design, software, and networking services. View the company as an open economy described by the a

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A Company Produces Web Design Software And Networking Services View The Company As An Open Economy Described By The A 1
A Company Produces Web Design Software And Networking Services View The Company As An Open Economy Described By The A 1 (80.35 KiB) Viewed 25 times
A company produces Web design, software, and networking services. View the company as an open economy described by the accompanying table, where input is in dollars needed for $1.00 of output. a. Find the consumption matrix for the company. b. Suppose that the customers (the open sector) have a demand for $5400 worth of Web design, $2700 worth of software, and $900 worth of networking. Use row reduc- tion to find a production vector that will meet this demand exactly. TABLE EX-4 Provider Web Design Software Networking Input Required per Dollar Output Web Design Software Networking $0.40 $0.20 $0.45 $0.30 $0.35 $0.30 $0.15 $0.10 $0.20
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