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An industrial system involves manufacturing, transportation, and agriculture. The interdependence of the three industries is given by the following inputoutput matrix. M T A M
An industrial system involves manufacturing, transportation, and agriculture. The interdependence of the three industries is given by the following inputoutput matrix. M T A M 0.2 0.2 0.2 T 0.3 0.3 0.1 A 0.1 0.1 0.4 At what level must the industries produce to satisfy a demand for $218 million worth of manufactured goods, $57 million worth of transportation, and $134 million worth of agricultural products? Round your answers to the nearest million. $ I 326 I million (manufacturing) $ I 610 I million (transportation) $ I 680 I million (agriculture)
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