Problem #47
Tag:
linear_algebra
Leontief Input-Output Models
Solve for production vector x given consumption matrix C and demand d.
\[
\displaylines{\mathbf{x}=C\mathbf{x}+\mathbf{d}\\ C=\begin{pmatrix}.0 & .5\\ .6 & .2\end{pmatrix},\text{ }\mathbf{d}=\begin{pmatrix}50\\ 30\end{pmatrix}}
\]
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