Math Problem Solver

A hydro-electricity power plant in a small village generates electraty & water for irrigation which also serve as intermediate inputs in each other's production. To generate a unit of electricity 0.40 units of electricity and 0.20 umits of water are needed Similarly to produce a unit of water 0.50 units of water and 0.25 units of electricity are required. 0.25 & 0.15 units of labour are required to produce a unit of electricity and a unit of water respectively and 0.15 and 0.10 units of capital are required to produce each unit, of electricity & water respectively. The wage rate and interest rate are ₹500 per man daily and 10% respectively. The village. needs 1800 W (kilowatt) electricity & 4400 cubic feet of water for final Consumption. Using matrix algebra, you I are required to! (i) Write the balancing equations. (ii) Test the Hawking Simon Conditions of viability of The Systems (iii) Construct the input-output transaction table for the gross output required satisfy the above final demand.