A primitive economy has a mining industry and a fishing industry, with technology matrix A.

If surpluses of 132 units of mining output and 27 units of fishing output are desired, find the gross production of each industry.

A) mining = 180, fishing = 60
B) mining = 180, fishing = 240
C) mining = 200, fishing = 60
D) mining = 200, fishing = 70
E) mining = 240, fishing = 70

Question

A primitive economy has a mining industry and a fishing industry, with technology matrix A. ​
​  ​
If surpluses of 132 units of mining output and 27 units of fishing output are desired, find the gross production of each industry.
​
A) mining = 180, fishing = 60 
B) mining = 180, fishing = 240 
C) mining = 200, fishing = 60 
D) mining = 200, fishing = 70 
E) mining = 240, fishing = 70

Quizplus · Accepted Answer

The Answer of A primitive economy has a mining industry and a fishing industry, with technology matrix A. ​
​  ​
If surpluses of 132 units of mining output and 27 units of fishing output are desired, find the gross production of each industry.
​
A) mining = 180, fishing = 60 
B) mining = 180, fishing = 240 
C) mining = 200, fishing = 60 
D) mining = 200, fishing = 70 
E) mining = 240, fishing = 70

A Primitive Economy Has a Mining Industry and a Fishing