Ask your own question, for FREE!
Mathematics
OpenStudy (anonymous):

Suppose that a simplified economy has 4 factors: Agriculture (A), Energy (E), Manufacturing (M) and Transportation (T). The A sector sells 10% of its output to E and 25% to M and retains the rest. Sector E sells 30% of its output to A, 35% to M, and 25% to T and retains the rest. Sector M sells 30% of its output to A, 15% to E, and 40% to T and retains the rest. Sector T sells 20% of its output to A, 10% to E, and 30% to M and retains the rest. (a) Fill out the exchange table given below for this economy: (b) Find the set of equilibrium prices for the economy. (i.e., set up and solve the syste

7 years ago
Can't find your answer? Make a FREE account and ask your own question, OR you can help others and earn volunteer hours!
Latest Questions
as05110: sup
2 hours ago 0 Replies 0 Medals
as05110: dm06115
2 hours ago 1 Reply 0 Medals
rootbeer003: ASTRONOMY
17 hours ago 2 Replies 0 Medals
yg06130: What Came first, the egg or the chicken?
18 hours ago 3 Replies 3 Medals
kaylak: help calculus
10 hours ago 4 Replies 2 Medals
Hanna: History help?!
23 hours ago 7 Replies 1 Medal