Suppose the economy of an underdeveloped country has an agricultural industry and an oil industry, with technology matrix A.
If surpluses of 0 units of agricultural products and 610 units of oil products are desired, find the gross production of each industry to the nearest unit.
A) agricultural = 800, oil = 825
B) agricultural = 110, oil = 700
C) agricultural = 110, oil = 715
D) agricultural = 100, oil = 715
E) agricultural = 100, oil = 700
Correct Answer:
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