Find the production matrix for the following input-output and demand matrices using the open model. A=[[-0.1,0.2],[0.55,0.4]] D=[[3],[4]]

Faith Welch

Faith Welch

Answered question

2022-07-26

Find the production matrix for the following input-output and demand matrices using the open model.
A = [ 0.1 0.2 0.55 0.4 ]
D = [ 3 4 ]

Answer & Explanation

juicilysv

juicilysv

Beginner2022-07-27Added 17 answers

A = [ 0.1 0.2 0.55 0.4 ]
D = [ 3 4 ]
The production matrix is = [ 0.3 + 0.8 1.65 + 1.6 ]
= [ 0.5 3.25 ]
Freddy Friedman

Freddy Friedman

Beginner2022-07-28Added 5 answers

A = [ 0.1 0.2 0.55 0.4 ] [ 3 4 ] = [ ( 0.1 ) ( 3 ) + ( 0.2 ) ( 4 ) ( 0.55 ) ( 3 ) + ( 0.4 ) ( 4 ) ] = [ 0.5 3.25 ]

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