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Question: Consider an economy divided into an agricultural sector (A) and an industrial sector (I ). To produce one unit in sector A requires 1/6 unit from A and 1/4 unit from I. To produce one unit in sector I requires 1/4 unit from A and 1/4 unit from I. Suppose final demands in each of the two sectors are 60 units.
(a) Write down the Leontief system for this economy.
(b) Find the number of units that have to be produced in each sector in order to meet the final demands.
Central Nursery has decided to adopt has decided to adopt activity-based costing. One likely reason the firm's accountants decided on this approach was to
In a binary tree with exactly 15 internal nodes, 10 of them have 2 children, and the other 5 have 1 child. How many leaf nodes are there in the tree.
Dan works on commission and earns 4% on all of his sales. In month 1, he sold $25,000; month 2 was $17,000; and month 3 was $34,000. 18% of his total earnings are taken out for taxes. Calculate the total net (after taxes) pay Dan earned over th..
determine the probability that the metal balls falls on the number 31 or a red slot.
during one revolution of the ferris wheel for how many minutes is the passenger at least 100 feet above the ground?
Which of the properties: reflexive, antisymmetric and transitive are true for the given relation? Begin your discussion by defining each term in general first and then show how the definition relates to this specific example.
If you plan to drive the new car for 120,000 miles over the next 10 years, which car is the better buy? Use mathematical reasoning to justify your responses.
A pile of dirt and ten holes are in a straight line. It is 20 ft from the dirt pile to the nearest hole, and the holes are 8 ft apart.
(i) Explain why this scenario follows a binomial probability model. (ii) Determine the probability of answering exactly 3 questions correctly. (iii) Determine the probability of answering at most 2 questions correctly.
The marketing department at Bodnar Industries is developing a promotional campaign to introduce a new product. A listing of the various activities required, their immediate predecessors, and estimates of their times (in days) is given below.
A two digit number is such that the product of its digits is 35. When 18 is added to the number, the digits interchange their places. Find the number. A motor boat whose speed is 18 km/hr in still water takes 1 hour more to go 24 km upstream than to ..
They are projected at the same time as shown in figure with different initial speed. Find the time after which the horizontal distance between the particles become zero.
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