Finite Mathematics (11th Edition)
11th Edition
ISBN: 9780321979438
Author: Margaret L. Lial, Raymond N. Greenwell, Nathan P. Ritchey
Publisher: PEARSON
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Textbook Question
Chapter 2.6, Problem 22E
Chinese Economy The 1981 Chinese economy can be simplified to three sectors: agriculture, industry and construction, and transportation and commerce. The input-output matrix is given below. Source: Input-Output Tables of China, 1981.
The demand (in 100,000 RMB, the unit of money in China) is
(a) Find the amount of each commodity that should be produced.
(b) Interpret the economic value of an increase in demand of 1 RMB in agricultural exports.
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C (gross cost of UPS Inc. in billions of $) and R (gross revenue of UPS Inc. in billions of $)
O E (years since 2010) and P (gross profit of UPS Inc. in billions of $)
(b) Find an equation for a model of these data. (Use the first and last values in the table to calculate your equation. Round the slope and the vertical intercept to one decimal place. Note th
-Select-
() Give a reasonable domain and range for this model.
domain
O (-10, 10]
O [11, 15]
O -0, 0)
O [0, 20]
O [-2, 8]
range
[41.9, 47.8]
O [-50, 50]
[37.3, 52.3]
[0, 100]
O (-o, co)
(d) What is the slope of your model? Explain its meaning in this situation. (Round your slope to one decimal place. Do not include units in your answer.)
The slope is
This means that the gross profit for UPS Inc.
--Select---
by about that value in billions of dollars each year.
(e) Estimate the gross profit for UPS in 2019. (Round your answer to the nearest tenth of a billion dollars. Include units in your answer. More information.)
In 2019, the…
The table shows the 2013 per capita total expenditure on health in 35 countries with the highest gross domestic product in 2013. Health expenditure per capita is the sum of public and private health expenditure (in PPP, international $) divided by population. Health expenditures include the provision of health services, family‑planning activities, nutrition activities, and emergency aid designated for health but exclude the provision of water and sanitation.
Per Capita Total Expenditure on Health (International Dollars)
Country
Dollars
Country
Dollars
Country
Dollars
Argentina
17251725
Indonesia
293293
Saudi Arabia
16811681
Australia
41914191
Iran
14141414
South Africa
11211121
Austria
48854885
Italy
31263126
Spain
28462846
Belgium
45264526
Japan
37413741
Sweden
42444244
Brazil
14541454
Korea, South
23982398
Switzerland
61876187
Canada
47594759
Malaysia
938938
Thailand
658658
China
646646
Mexico
10611061
Turkey
10531053
Colombia
843843
Netherlands
56015601
United…
A farmer has 1200 acres of land and plans to plant corn and soybeans. The input cost (cost of seed, fertilizer, herbicide,
and insecticide) for 1 acre for each crop is given in the table along with the cost of machinery and labor. The profit for 1
acre of each crop is given in the last column.
Input Cost Labor/Machinery
per Acre
Profit
Cost per Acre
per Acre
Corn
$180
$80
$120
Soybeans
$120
$100
$100
Suppose the farmer has budgeted a maximum of $198,000 for input costs and a maximum of $110,000 for labor and
machinery.
a. Determine the number of acres of each crop that the farmer should plant to maximize profit. (Assume that all crops will
be sold.)
b. What is the maximum profit?
c. If the profit per acre were reversed between the two crops (that is, $100 per acre for corn and $120 per acre for
soybeans), how many acres of each crop should be planted to maximize profit?
Chapter 2 Solutions
Finite Mathematics (11th Edition)
Ch. 2.1 - Use the echelon method to solve each system of two...Ch. 2.1 - Use the echelon method to solve each system of two...Ch. 2.1 -
Use the echelon method to solve each system of...Ch. 2.1 - Use the echelon method to solve each system of two...Ch. 2.1 - Prob. 5ECh. 2.1 - Prob. 6ECh. 2.1 - Prob. 7ECh. 2.1 -
Use the echelon method to solve each system of...Ch. 2.1 - Prob. 9ECh. 2.1 - Prob. 10E
Ch. 2.1 -
Use the echelon method to solve each system of...Ch. 2.1 - Use the echelon method to solve each system of two...Ch. 2.1 - Use the echelon method to solve each system of two...Ch. 2.1 - Use the echelon method to solve each system of two...Ch. 2.1 - Prob. 15ECh. 2.1 - Use the echelon method to solve each system of two...Ch. 2.1 - Prob. 17ECh. 2.1 - Use the echelon method to solve each system of two...Ch. 2.1 - Use the echelon method to solve each system of two...Ch. 2.1 - Prob. 20ECh. 2.1 - An inconsistent system...Ch. 2.1 - Prob. 22ECh. 2.1 - Describe what a parameter is arid why it is used...Ch. 2.1 - In your own words, describe the echelon method as...Ch. 2.1 - Prob. 25ECh. 2.1 - Solve each system of equations. Let z be the...Ch. 2.1 - Solve each system of equations. Let z be the...Ch. 2.1 - Prob. 28ECh. 2.1 - Prob. 29ECh. 2.1 - For each of the following systems of equations in...Ch. 2.1 -
For each of the following systems of equations in...Ch. 2.1 - Prob. 32ECh. 2.1 - Prob. 33ECh. 2.1 - Prob. 34ECh. 2.1 -
Groceries If 20 lb of rice and 10 lb of potatoes...Ch. 2.1 -
36. Downloads Blake Allvine spent $35.97...Ch. 2.1 - Prob. 37ECh. 2.1 -
38. Sales An apparel shop sells skirts for $45...Ch. 2.1 - Prob. 39ECh. 2.1 -
40. Stock Lorri Morgan has $16,000 invested in...Ch. 2.1 - Banking A bank teller has a total of 70 bills in...Ch. 2.1 - Rug Cleaning Machines Kelly Karpet Kleaners sells...Ch. 2.1 - Prob. 43ECh. 2.1 - Prob. 44ECh. 2.1 - Prob. 45ECh. 2.1 - Prob. 46ECh. 2.1 - Prob. 47ECh. 2.1 -
48. Flight Time A flight leaves New York at 8...Ch. 2.1 -
49. The 24® Game The object of the 24 Game,...Ch. 2.2 -
Write the augmented matrix fur each system. Do...Ch. 2.2 -
Write the augmented matrix for each system. Do...Ch. 2.2 - Prob. 3ECh. 2.2 - Prob. 4ECh. 2.2 - Prob. 5ECh. 2.2 - Prob. 6ECh. 2.2 -
Write the system of equations associated with...Ch. 2.2 - Prob. 8ECh. 2.2 - Prob. 9ECh. 2.2 - Prob. 10ECh. 2.2 - Prob. 11ECh. 2.2 - Use the indicated row operations to change each...Ch. 2.2 - Prob. 13ECh. 2.2 - Prob. 14ECh. 2.2 - Prob. 15ECh. 2.2 - Prob. 16ECh. 2.2 - Prob. 17ECh. 2.2 - Prob. 18ECh. 2.2 - Prob. 19ECh. 2.2 - Prob. 20ECh. 2.2 - Use the Gauss-Jordan method to solve each system...Ch. 2.2 - Use the Gauss-Jordan method to solve each system...Ch. 2.2 - Prob. 23ECh. 2.2 - Prob. 24ECh. 2.2 - Prob. 25ECh. 2.2 - Use the Gauss-Jordan method to solve each system...Ch. 2.2 - Prob. 27ECh. 2.2 -
Use the Gauss-Jordan method to solve each system...Ch. 2.2 - Prob. 29ECh. 2.2 - Prob. 30ECh. 2.2 - Prob. 31ECh. 2.2 - Prob. 32ECh. 2.2 - Prob. 33ECh. 2.2 - Prob. 34ECh. 2.2 - Prob. 35ECh. 2.2 - Prob. 36ECh. 2.2 - Prob. 37ECh. 2.2 - Prob. 38ECh. 2.2 - Prob. 39ECh. 2.2 - Prob. 40ECh. 2.2 - Prob. 41ECh. 2.2 - Prob. 42ECh. 2.2 -
43. On National Public Radio, the "Weekend...Ch. 2.2 - Prob. 44ECh. 2.2 - Investments Katherine Chong invests $10,000...Ch. 2.2 -
46. Office Technology Pyro-Tech, Inc. is...Ch. 2.2 - Prob. 47ECh. 2.2 - Prob. 48ECh. 2.2 - Loans To get the necessary funds for a planned...Ch. 2.2 - Manufacturing Nadir, Inc. produces three models of...Ch. 2.2 -
51. Deliveries An electronics company produces...Ch. 2.2 - Tents L.L. Bean makes three sizes of Ultra Dome...Ch. 2.2 - Transportation A manufacturer purchases a part for...Ch. 2.2 - APPLY IT Transportation An auto manufacturer sends...Ch. 2.2 - Prob. 55ECh. 2.2 -
56. Packaging A company produces four...Ch. 2.2 - Prob. 57ECh. 2.2 - Animal Breeding An animal breeder can buy four...Ch. 2.2 - Prob. 59ECh. 2.2 - Prob. 60ECh. 2.2 - Prob. 61ECh. 2.2 - Prob. 62ECh. 2.2 - Prob. 63ECh. 2.2 - Prob. 64ECh. 2.2 -
65. Modeling War One of the factors that...Ch. 2.2 - Prob. 66ECh. 2.2 -
67. Baseball Ichiro Suzuki holds the American...Ch. 2.2 - Prob. 68ECh. 2.2 -
69. Toys One hundred toys are to be given out to...Ch. 2.2 - Prob. 70ECh. 2.2 - Prob. 71ECh. 2.2 - Prob. 72ECh. 2.2 - Prob. 73ECh. 2.3 - Prob. 1ECh. 2.3 - Prob. 2ECh. 2.3 - Prob. 3ECh. 2.3 - Prob. 4ECh. 2.3 - Decide whether each statement is true or false. If...Ch. 2.3 - Prob. 6ECh. 2.3 - Prob. 7ECh. 2.3 - Prob. 8ECh. 2.3 - Prob. 9ECh. 2.3 - Prob. 10ECh. 2.3 - Prob. 11ECh. 2.3 - Prob. 12ECh. 2.3 - Prob. 13ECh. 2.3 - Prob. 14ECh. 2.3 - Prob. 15ECh. 2.3 - Prob. 16ECh. 2.3 - Prob. 17ECh. 2.3 - Prob. 18ECh. 2.3 - Prob. 19ECh. 2.3 - Prob. 20ECh. 2.3 - Prob. 21ECh. 2.3 - Prob. 22ECh. 2.3 - Prob. 23ECh. 2.3 - Prob. 24ECh. 2.3 - Prob. 25ECh. 2.3 - Prob. 26ECh. 2.3 - Prob. 27ECh. 2.3 - Prob. 28ECh. 2.3 - Prob. 29ECh. 2.3 - Prob. 30ECh. 2.3 - Prob. 31ECh. 2.3 - Prob. 32ECh. 2.3 - For matrices X=[ xyzw] and 0=[ 0000], find the...Ch. 2.3 - Prob. 34ECh. 2.3 - Prob. 35ECh. 2.3 - Prob. 36ECh. 2.3 - Prob. 37ECh. 2.3 - Prob. 38ECh. 2.3 - Prob. 39ECh. 2.3 - Prob. 40ECh. 2.3 - Prob. 41ECh. 2.3 -
42. Trading Partners The table below gives, the...Ch. 2.3 - Prob. 43ECh. 2.3 - Prob. 44ECh. 2.3 - Testing Medication A drug company is testing 200...Ch. 2.3 - Prob. 46ECh. 2.3 - Prob. 47ECh. 2.3 - Prob. 48ECh. 2.3 - Prob. 49ECh. 2.3 - Prob. 50ECh. 2.4 - Let A=[ -2-403] and B=[ -6240]. Find each value....Ch. 2.4 - Prob. 2ECh. 2.4 - Prob. 3ECh. 2.4 - Prob. 4ECh. 2.4 - Prob. 5ECh. 2.4 -
Let and Find each value.
6. 7B– 3A
Ch. 2.4 - Prob. 7ECh. 2.4 - Prob. 8ECh. 2.4 - Prob. 9ECh. 2.4 - Prob. 10ECh. 2.4 - Prob. 11ECh. 2.4 - Prob. 12ECh. 2.4 - To find the product matrix AB, the number of...Ch. 2.4 - Prob. 14ECh. 2.4 - Prob. 15ECh. 2.4 - Prob. 16ECh. 2.4 - Prob. 17ECh. 2.4 - Prob. 18ECh. 2.4 -
Find each matrix product, if possible.
19.
Ch. 2.4 - Find each matrix product, if possible. [...Ch. 2.4 - Prob. 21ECh. 2.4 - Prob. 22ECh. 2.4 - Prob. 23ECh. 2.4 - Prob. 24ECh. 2.4 - Prob. 25ECh. 2.4 - Prob. 26ECh. 2.4 - Prob. 27ECh. 2.4 - Prob. 28ECh. 2.4 - Prob. 29ECh. 2.4 - Prob. 30ECh. 2.4 - Prob. 31ECh. 2.4 - Prob. 32ECh. 2.4 - Prob. 33ECh. 2.4 - Prob. 34ECh. 2.4 - Prob. 35ECh. 2.4 - Prob. 36ECh. 2.4 -
Given matrices
verify that the statements in...Ch. 2.4 - Prob. 38ECh. 2.4 - Prob. 39ECh. 2.4 - Prob. 40ECh. 2.4 - Prob. 41ECh. 2.4 - Prob. 42ECh. 2.4 - Use a computer or graphing calculator arid the...Ch. 2.4 - Prob. 44ECh. 2.4 - Prob. 45ECh. 2.4 - Prob. 46ECh. 2.4 - Prob. 47ECh. 2.4 - Prob. 48ECh. 2.4 - Prob. 49ECh. 2.4 - Prob. 50ECh. 2.4 - Prob. 51ECh. 2.4 - Prob. 52ECh. 2.4 - Prob. 53ECh. 2.4 - Prob. 54ECh. 2.4 - Prob. 55ECh. 2.4 - 56. Northern Spotted Owl Population In an attempt...Ch. 2.4 -
57. World Population The 2010 birth and death...Ch. 2.5 - Prob. 1ECh. 2.5 -
Decide whether the given matrices are inverses...Ch. 2.5 - Prob. 3ECh. 2.5 - Decide whether the given matrices are inverses of...Ch. 2.5 - Decide whether the given matrices are inverses of...Ch. 2.5 - Prob. 6ECh. 2.5 - Prob. 7ECh. 2.5 - Prob. 8ECh. 2.5 - Prob. 9ECh. 2.5 - Prob. 10ECh. 2.5 - Prob. 11ECh. 2.5 - Prob. 12ECh. 2.5 - Prob. 13ECh. 2.5 - Prob. 14ECh. 2.5 - Prob. 15ECh. 2.5 - Prob. 16ECh. 2.5 - Prob. 17ECh. 2.5 - Prob. 18ECh. 2.5 - Prob. 19ECh. 2.5 - Prob. 20ECh. 2.5 - Prob. 21ECh. 2.5 - Prob. 22ECh. 2.5 - Find the inverse, if it exists, for each matrix. [...Ch. 2.5 - Prob. 24ECh. 2.5 - Prob. 25ECh. 2.5 - Prob. 26ECh. 2.5 - Prob. 27ECh. 2.5 -
Solve each system of equations by using the...Ch. 2.5 -
Solve each system of equations by using the...Ch. 2.5 - Prob. 30ECh. 2.5 - Prob. 31ECh. 2.5 - Prob. 32ECh. 2.5 - Prob. 33ECh. 2.5 -
Solve each system of equations by using the...Ch. 2.5 -
Solve each system of equations by using the...Ch. 2.5 - Prob. 36ECh. 2.5 - Prob. 37ECh. 2.5 - Prob. 38ECh. 2.5 - Prob. 39ECh. 2.5 - Prob. 40ECh. 2.5 - Prob. 41ECh. 2.5 - Prob. 42ECh. 2.5 - Prob. 43ECh. 2.5 - Prob. 44ECh. 2.5 - Prob. 45ECh. 2.5 - Prob. 46ECh. 2.5 - Prob. 47ECh. 2.5 - Prob. 48ECh. 2.5 - Prob. 49ECh. 2.5 - Prob. 50ECh. 2.5 - Prob. 51ECh. 2.5 - Prob. 52ECh. 2.5 - Prob. 53ECh. 2.5 - Prob. 54ECh. 2.5 - Prob. 55ECh. 2.5 - Prob. 56ECh. 2.5 - Prob. 57ECh. 2.5 - Prob. 58ECh. 2.5 - Prob. 59ECh. 2.5 - Prob. 60ECh. 2.5 - Prob. 61ECh. 2.5 - Solve each exercise by using the inverse of the...Ch. 2.5 - Prob. 63ECh. 2.5 -
Solve each exercise by using the inverse of the...Ch. 2.5 - Prob. 65ECh. 2.5 -
Solve each exercise by using the inverse of the...Ch. 2.6 -
Find the production matrix for the following...Ch. 2.6 - Prob. 2ECh. 2.6 - Prob. 3ECh. 2.6 - Prob. 4ECh. 2.6 - Prob. 5ECh. 2.6 - Prob. 6ECh. 2.6 - Prob. 7ECh. 2.6 - Find the ratios of products A, B, and C using a...Ch. 2.6 - Prob. 9ECh. 2.6 - Use a graphing calculator or computer to find the...Ch. 2.6 - Prob. 11ECh. 2.6 -
Input-Output Open Model In Exercises 11 and 12,...Ch. 2.6 - Prob. 13ECh. 2.6 - Prob. 14ECh. 2.6 - Input-Output Open Model In Exercises 13-16, refer...Ch. 2.6 - Input-Output Open Model In Exercises 13- refer to...Ch. 2.6 - Input-Output Open Model A primitive economy...Ch. 2.6 - Prob. 18ECh. 2.6 - Prob. 19ECh. 2.6 - Prob. 20ECh. 2.6 -
21. Israeli Economy An analysis of the 1958...Ch. 2.6 -
22. Chinese Economy The 1981 Chinese economy can...Ch. 2.6 - Prob. 23ECh. 2.6 - Prob. 24ECh. 2.6 - Prob. 25ECh. 2.6 - Prob. 26ECh. 2.6 -
27. Input-Output Closed Model Use the...Ch. 2.6 - Input-Output Closed Model Suppose that production...Ch. 2.6 - Prob. 29ECh. 2 - Find the second-order contact matrix PQ mentioned...Ch. 2 - Prob. 2EACh. 2 - Prob. 3EACh. 2 - Prob. 4EACh. 2 - Prob. 5EACh. 2 - Prob. 1RECh. 2 - Determine whether each of the following statements...Ch. 2 - Prob. 3RECh. 2 - Prob. 4RECh. 2 - Prob. 5RECh. 2 - Prob. 6RECh. 2 - Prob. 7RECh. 2 - Prob. 8RECh. 2 - Prob. 9RECh. 2 - Prob. 10RECh. 2 - Prob. 11RECh. 2 - Prob. 12RECh. 2 - Prob. 13RECh. 2 - Prob. 14RECh. 2 - Prob. 15RECh. 2 - Prob. 16RECh. 2 - Prob. 17RECh. 2 - Prob. 18RECh. 2 -
Solve each system by the echelon method.
19. 2x -...Ch. 2 - Prob. 20RECh. 2 - Solve each system by the echelon method. 2x - 3y +...Ch. 2 - Prob. 22RECh. 2 - Prob. 23RECh. 2 - Prob. 24RECh. 2 - Prob. 25RECh. 2 - Prob. 26RECh. 2 - Prob. 27RECh. 2 - Prob. 28RECh. 2 - Prob. 29RECh. 2 - Prob. 30RECh. 2 - Prob. 31RECh. 2 - Prob. 32RECh. 2 - Prob. 33RECh. 2 - Prob. 34RECh. 2 - Prob. 35RECh. 2 - Prob. 36RECh. 2 - Prob. 37RECh. 2 - Prob. 38RECh. 2 - Prob. 39RECh. 2 - Given the matrices A=[ 4102369],B=[ 232240012],C=[...Ch. 2 - Prob. 41RECh. 2 - Prob. 42RECh. 2 - Prob. 43RECh. 2 - Prob. 44RECh. 2 - Prob. 45RECh. 2 - Prob. 46RECh. 2 - Prob. 47RECh. 2 - Prob. 48RECh. 2 - Prob. 49RECh. 2 - Prob. 50RECh. 2 - Prob. 51RECh. 2 - Find the inverse of each matrix that has an...Ch. 2 - Prob. 53RECh. 2 - Prob. 54RECh. 2 - Prob. 55RECh. 2 - Prob. 56RECh. 2 - Prob. 57RECh. 2 - Prob. 58RECh. 2 - Prob. 59RECh. 2 - Prob. 60RECh. 2 - Prob. 61RECh. 2 - Prob. 62RECh. 2 - Prob. 63RECh. 2 - Prob. 64RECh. 2 - Prob. 65RECh. 2 - Prob. 66RECh. 2 - Prob. 67RECh. 2 - Prob. 68RECh. 2 - Prob. 69RECh. 2 - Prob. 70RECh. 2 - Prob. 71RECh. 2 - Filling Orders A printer has three orders for...Ch. 2 -
73. Input-Output An economy depends on two...Ch. 2 -
74. Nebraska The 1970 economy of the state of...Ch. 2 - Prob. 75RECh. 2 - Prob. 76RECh. 2 - Prob. 77RECh. 2 - Prob. 78RECh. 2 - Prob. 79RECh. 2 - Prob. 80RECh. 2 - Prob. 81RECh. 2 - Prob. 82RECh. 2 - Prob. 83RECh. 2 -
84. Baseball In the 2009 Major League Baseball...Ch. 2 - Prob. 85RE
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