Determine the Production Vector X That Will Satisfy Demand in an Economy

question 28

Multiple Choice

Determine the production vector x that will satisfy demand in an economy with the given consumption matrix C and
final demand vector d. Round production levels to the nearest whole number.
-Compute the matrix of the transformation that performs the shear transformation $x \rightarrow A x$ for $A = \left[ \begin{array} { l l } 1 & 0.25 \\ 0 & 1 \end{array} \right]$ and then scales all $y$ -coordinates by a factor of $0.68$ .

• A)
• \(\left[ \begin{array} { l l } 1 & 0.17 \\ 0 & 0.68 \end{array} \right]\)
• B)
• \(\left[ \begin{array} { l l } 1 & 0.25 \\ 0 & 0.68 \end{array} \right]\)
• C)
• \(\left[ \begin{array} { l l } 0.68 & 0.17 \\ 0 & 1 \end{array} \right]\)
• D)
• \(\left[ \begin{array} { l l } 2 & 0.25 \\ 0 & 1.68 \end{array} \right]\)

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Definitions:

Overhead Costs

Expenses associated with running a business that cannot be directly tied to a specific product or service, such as rent, utilities, and management salaries.

Cost Driver

A factor that causes the cost of an activity or a process to change.

Activity Drivers

Factors that influence the cost of business activities by determining the level of effort or resources required.

Labour Hours

Refers to the total amount of work time spent by employees, including both direct and indirect labor activities.