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A simple economy has a shoe industry and a cattle industry. Each unit of shoe output requires inputs of0.1 unitof shoes and0.3unitof cattle products. Each

A simple economy has a shoe industry and a cattle industry. Each unit of shoe output requires inputs of0.1 unitof shoes and0.3unitof cattle products. Each unit of cattle products output requires inputs of0.1 unitof shoes and0.05 unitof cattle products.(a)Write the technology matrix for this simple economy. (Use the first row and first column for shoes and the second row and second column for cattle products.)

(b)If surpluses of850units of shoes and175units of cattle products are desired, find the gross production of each industry.

shoes ___________

cattle product______________

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