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Suppose a primitive economy consists of two industries, farm products and farm machinery. Suppose also that its technology matrix is represented by the matrix shown

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Suppose a primitive economy consists of two industries, farm products and farm machinery. Suppose also that its technology matrix is represented by the matrix shown below. P M A = 0.6 0.2 Products 0.2 0.4 Machinery If surpluses of 85 units of farm products and 5 units of farm machinery are desired, find the gross production of each industry. products x units machinery * units Need Help? Read It Master It

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