1. Complete the two-commodity exercise and show the transformation (i.e. finish (1 18) Capital Good Consumption Labor Gross Output Net Product Input Good Input Y1 = Q1 -A1 Capital = K AKK = 0.6 xK ACK = 0 Jr; QK = 1 xK Am: = 0.4 XK ACE = oxc - 0 Find the characteristic equation of the 2 x 2 system and solve for the Frobenius root. From this root arrive at the maximum rate of profit 0 Arrive at the interindustry coefficients. 0 Write out the labor bestowed equations in general; show your work. Next express this as relative values in general. Repeat this for your numeric example. - Write out the price of production equations in general; show your work. Next express this as relative prices of production in general. 0 Show the relative labor bestowed for your numeric example. Be sure to express in the correct units. Arrive at the relative values. 0 Show the relative price of production for your numeric example when r0 = 0, r* = 1/9, r = 2/9, and r = R. Be sure to express in the correct units. Arrive at relative values for all regimes and compare with the relative labor bestowed values