[Steps Shown] Suppose the following matrix represents the input-output matrix of a simplified economy with just three sectors: manufacturing, agriculture, and


Question: Suppose the following matrix represents the input-output matrix of a simplified economy with just three sectors: manufacturing, agriculture, and transportation.

Suppose also that the demand matrix is as follows:

\(\mathrm{D}=\left[\begin{array}{l}531 \\ 274 \\ 149\end{array}\right]\)

Find the amount of each commodity that should be produced.

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Solution: The downloadable solution consists of 1 pages
Deliverable: Word Document

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