Suppose that an economy can be represented by the technology matrix below. If surpluses of 180 units of fishing output, 93 units of agricultural goods, and 40 units of mining goods are desired, find the gross production to the nearest unit of each industry.
A) fishing = 632, agriculture = 796, mining = 570
B) fishing = 633, agriculture = 796, mining = 568
C) fishing = 632, agriculture = 796, mining = 568
D) fishing = 632, agriculture = 793, mining = 568
E) fishing = 633, agriculture = 793, mining = 570

Question

Suppose that an economy can be represented by the technology matrix below. If surpluses of 180 units of fishing output, 93 units of agricultural goods, and 40 units of mining goods are desired, find the gross production to the nearest unit of each industry. ​  ​
A) fishing = 632, agriculture = 796, mining = 570 
B) fishing = 633, agriculture = 796, mining = 568 
C) fishing = 632, agriculture = 796, mining = 568 
D) fishing = 632, agriculture = 793, mining = 568 
E) fishing = 633, agriculture = 793, mining = 570

Quizplus · Accepted Answer

The Answer of Suppose that an economy can be represented by the technology matrix below. If surpluses of 180 units of fishing output, 93 units of agricultural goods, and 40 units of mining goods are desired, find the gross production to the nearest unit of each industry. ​  ​
A) fishing = 632, agriculture = 796, mining = 570 
B) fishing = 633, agriculture = 796, mining = 568 
C) fishing = 632, agriculture = 796, mining = 568 
D) fishing = 632, agriculture = 793, mining = 568 
E) fishing = 633, agriculture = 793, mining = 570

Suppose That an Economy Can Be Represented by the Technology