One sector of an economy consists of a mining industry and a manufacturing industry, with technology matrix A.
Surpluses of 32 units of mining output and 263 units of manufacturing output are desired. Find the gross production of each industry.

A) mining = 790, manufacturing = 500
B) mining = 290, manufacturing = 500
C) mining = 285, manufacturing = 790
D) mining = 790, manufacturing = 495
E) mining = 290, manufacturing = 495

Question

One sector of an economy consists of a mining industry and a manufacturing industry, with technology matrix A. ​  ​
Surpluses of 32 units of mining output and 263 units of manufacturing output are desired. Find the gross production of each industry.
​
A) mining = 790, manufacturing = 500 
B) mining = 290, manufacturing = 500 
C) mining = 285, manufacturing = 790 
D) mining = 790, manufacturing = 495 
E) mining = 290, manufacturing = 495

Quizplus · Accepted Answer

The Answer of One sector of an economy consists of a mining industry and a manufacturing industry, with technology matrix A. ​  ​
Surpluses of 32 units of mining output and 263 units of manufacturing output are desired. Find the gross production of each industry.
​
A) mining = 790, manufacturing = 500 
B) mining = 290, manufacturing = 500 
C) mining = 285, manufacturing = 790 
D) mining = 790, manufacturing = 495 
E) mining = 290, manufacturing = 495

One Sector of an Economy Consists of a Mining Industry