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Suppose a Primitive Economy Consists of Two Industries, Farm Products

question 183

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Suppose a primitive economy consists of two industries, farm products and farm machinery. Suppose also that its technology matrix is ​ Suppose a primitive economy consists of two industries, farm products and farm machinery. Suppose also that its technology matrix is ​   If surpluses of 97 units of farm products and 18 units of farm machinery are desired, find the gross production of each industry. ​ A)  205 units of farm product, 60 units of machinery B)  260 units of farm product, 60 units of machinery C)  210 units of farm product, 55 units of machinery D)  205 units of farm product, 55 units of machinery E)  260 units of farm product, 270 units of machinery If surpluses of 97 units of farm products and 18 units of farm machinery are desired, find the gross production of each industry.


Definitions:

Electrical Charge

A physical property that causes matter to experience a force when placed in an electromagnetic field.

Neuron

A nerve cell, responsible for the conveyance of nerve impulses, functioning in the nervous system.

Millivolts

A unit of electric potential equal to one thousandth of a volt, often used in measuring small voltages.

Absolute Refractory Period

A period immediately following the transmission of an impulse in nerve or muscle in which a neuron or muscle is not responsive to further stimulation.

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