Business MathematicsNEB 2081

If the matrix of technical coefficients is A = bmatrix 0.1 & 0.2 \\ 0.3 & 0.4 bmatrix then Leontief matrix is a) bmatrix 0.1 & 0.2 \\ 0.3 & 0.4 bmatrix b) bmatrix 0.9 & 0.2 \\ 0.3 & 0.6 bmatrix c)…

1

If the matrix of technical coefficients is then Leontief matrix is a) b) c) d)

Answer

The Leontief inverse matrix (also called the open matrix) is derived by subtracting the technical coefficients matrix from the identity matrix . The formula is:

Given:

Compute :

Thus, the correct Leontief matrix is:

Answer: c)

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