Suppose that the economy of a small nation has an electronics industry, a steel industry, and an auto industry, with the following technology matrix.

If the nation wishes to have surpluses of 104 units of electronics production, 271 units of steel production, and 200 automobiles, find the gross production of each industry.

A) electronics = 1254, steel = 1262, autos = 722
B) electronics = 1252, steel = 1262, autos = 724
C) electronics = 1254, steel = 1269, autos = 722
D) electronics = 1254, steel = 1269, autos = 724
E) electronics = 1252, steel = 1262, autos = 722

Question

Suppose that the economy of a small nation has an electronics industry, a steel industry, and an auto industry, with the following technology matrix. ​
​  ​
If the nation wishes to have surpluses of 104 units of electronics production, 271 units of steel production, and 200 automobiles, find the gross production of each industry.
​
A) electronics = 1254, steel = 1262, autos = 722 
B) electronics = 1252, steel = 1262, autos = 724 
C) electronics = 1254, steel = 1269, autos = 722 
D) electronics = 1254, steel = 1269, autos = 724 
E) electronics = 1252, steel = 1262, autos = 722

Quizplus · Accepted Answer

The Answer of Suppose that the economy of a small nation has an electronics industry, a steel industry, and an auto industry, with the following technology matrix. ​
​  ​
If the nation wishes to have surpluses of 104 units of electronics production, 271 units of steel production, and 200 automobiles, find the gross production of each industry.
​
A) electronics = 1254, steel = 1262, autos = 722 
B) electronics = 1252, steel = 1262, autos = 724 
C) electronics = 1254, steel = 1269, autos = 722 
D) electronics = 1254, steel = 1269, autos = 724 
E) electronics = 1252, steel = 1262, autos = 722

Suppose That the Economy of a Small Nation Has an Electronics