# Find the production matrix for the following input-output and demand matrices using model. A= [0.3 0.3] D= [3] [0.35 0.4] [5]

*print*Print*list*Cite

Expert Answers

baxthum8 | Certified Educator

To find the producton matrix mutliply matrix A by matrix D. In order to do this multiply each row A by the column in D. This is done like:

AD = `0.3(3)+0.3(5) = ` 0.9+1.5=2.4

`0.35(3)+0.4(5) = 1.05+2 = 3.05`

The production matrix AD is: `` `` ````