Let A be the technology matrix, where Sector 1 = wood, and Sector 2 = paper.
$A = \left[ \begin{array} { l l }
0.2 & 0.06 \
0.4 & 0.01
\end{array} \right]$
__________ units of paper are needed to produce one unit of wood.

__________ units of wood are needed to produce one unit of paper.

The production of each unit of paper requires the use of __________ units of paper.

Question

Let A be the technology matrix, where Sector 1 = wood, and Sector 2 = paper.
​ $A = \left[ \begin{array} { l l } 
0.2 & 0.06 \
0.4 & 0.01
\end{array} \right]$ ​
__________ units of paper are needed to produce one unit of wood.
​
__________ units of wood are needed to produce one unit of paper.
​
The production of each unit of paper requires the use of __________ units of paper.

Quizplus · Accepted Answer

The Answer of Let A be the technology matrix, where Sector 1 = wood, and Sector 2 = paper.
​ $A = \left[ \begin{array} { l l } 
0.2 & 0.06 \
0.4 & 0.01
\end{array} \right]$ ​
__________ units of paper are needed to produce one unit of wood.
​
__________ units of wood are needed to produce one unit of paper.
​
The production of each unit of paper requires the use of __________ units of paper.

Let a Be the Technology Matrix, Where Sector 1 = A=[0.20.060.40.01]A = \left[ \begin{array} { l l } 0.2 & 0.06 \\0.4 & 0.01\end{array} \right]A=[0.20.4​0.060.01​]

Let a Be the Technology Matrix, Where Sector 1 = $A = \left[ \begin{array} { l l } 0.2 & 0.06 \\0.4 & 0.01\end{array} \right]$