Posted by Anonymous on .
Working on this for a couple of hours, any help?
Input -output matrix
F S C
F .1 0 .2
S .2 .1 .4
C 0 0 .1
1)What should the total production of the three industries be to generate a $900,000 surplus each?
I gotthe following for 1) F=1,224,000 S=1,719,000 and C=999,000. Not sure though
2) In another year, no shelter related products can leave the community, but the community continues to meet the goal of $900,000 of food and clothing. What should the total production be?