Given the Technology Matrix A, and an External Demand Vector $A = \left[ \begin{array} { l l } 0.4 & 0.3 \\0.1 & 0.2\end{array} \right]$

question 35

Essay

Given the technology matrix A, and an external demand vector B, find the production vector X.
​
​ $A = \left[ \begin{array} { l l } 0.4 & 0.3 \\0.1 & 0.2\end{array} \right]$ , $D = \left[ \begin{array} { l } 27,000 \\24,000\end{array} \right]$

---

Definitions:

Sample Size

Refers to the number of observations or units included in a study, affecting the study's power and generalizability.

Target Population

The specific group of individuals to whom a particular research study, policy, or intervention is directed.

Effect Size

Effect size is a quantitative measure of the magnitude of the difference between groups or the strength of a relationship between variables in a statistical analysis.

Holland's Theory

A theory of career and vocational choice based upon personality types, suggesting that people with certain personality traits tend to prefer certain professions.