Help me solve this problem using matrix. Thank you!Help me solve this problem using matrix. Thank you!
Help me solve this problem using matrix. Thank you!
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18 points 6. A company produces two items, but uses up some of each product in the production
process, as described by the input-output (consumption) matrix
5 .2
A
12 (a) How much of each product would be consumed if you produced 40 units of each
product?
12 (b) How much of each product is remaining if you produced 40 units of each product?
12 (c) How much more of each product would be consumed if you produced one more unit
of product 2?
/12 (d) How much would you need to produce in order to end up with 40 units of each
product? (Use the formula for finding the 2 x 2 matrix in this problem.)