Name Rajat Chaprod

Roll No 2022/09/087
Course Bcom Hons.
Section B
 MATRIX ALGEBRA

A 2 4 B 3 5
6 8 7 9

ADDITION SUBTRACTION
A+B 5 9 A-B -1 -1
13 17 -1 -1

SCALAR MULTIPLICATION
k 4
kA 8 16 Kb 12 20
24 32 28 36

MUTIPLICATION
A.B 34 46 B.A 36 52
74 102 68 100

DETERMINANTS
det.A -8 det.B -8

INVERSE OF MATRICES
INVERSE OF A -1 0.5 INVERSE OF B -1.125 0.625
0.75 -0.25 0.875 -0.375
 SYSTEM OF LINEA
CASE 1
CHEMICALS
SPRAY A B C
P 1 2 3
Q 2 3 2 X=M-1*N
R 1 2 2
Necessary 8 14 13

SYSTEM OF LINEAR EQUATIONS

P+2Q+R=8
2P+2Q+2R=14
3P+3Q+2R=13

Let P,R & R are unknown variables and they are representing the number of units of barrels of each spray respectively.
X= N=
M 1 2 1 P 8
2 3 2 Q 14
3 2 2 R 13

2 -2 1
INVERSE
of M 2 -1 0
-5 4 -1

X 1
2
3
 SYSTEM OF LINEAR EQUATIONS
CASE 2
PRODUCTS
PRICES A B C
a 3 2 -1
b 5 -3 4
c -4 1 6
Sales 6000 5000 13000

SYSTEM OF LINEAR EQUATIONS

3a+5b-4c=6000
2a-3b+c=5000
-a+4b+6z=13000

each spray respectively. Let A.B and C be products representing the number of units they were purchased and sold
X=
M 3 5 -4 a
2 -3 1 b
-1 4 6 c

0.145695 0.304636 0.046358

INVERSE
OF M 0.086093 -0.092715 0.072848
-0.033113 0.112583 0.125828

X 3000
1000
2000
 X=M-1*N

ey were purchased and sold.

N
6000
5000
13000
 LEONTIEF'S INPUT OUTPUT MO

CASE 1
INDUSTRY I II FINAL DEMAND GROSS OUTPUT
I 20 40 40 100
II 30 50 40 120
LABOUR DAY 200 300

X=(I-A)-1*D

Technology Matrix A 0.2 0.333333333333 I

0.3 0.416666666667

I-A 0.8 -0.333333 Determinant of I-A 0.3666667

-0.3 0.583333

INVERSE OF I-A 1.5909091 0.909091

0.8181818 2.181818

X 375
570

Find out the total labour days requirement

Labour Days Per Unit 2 2.5

Total Labour Days

Requirement
(Industry I & II) 2175

If the Labour Days availabilty are of 3000, is the solution feasible?

YES, it is feasible because requirement of labour isless than the availability of labour.

If the Labour Days availability are of 2000, is the solution feasible?

NO, it is not feasible because requirement of labour days is more than the availability.

Labour wage is Rs 200 per labour day, find out the total value addition.

Total Labour Days Labour Cost

Requirement (Labour days per
(Industry I & II) 2175 unit*labour wage) 400

Labour wage 200 Total Value Added #NAME?

Total Value Addition 435000

Provide Sector-wise value addition.

X 375 0
 0 570

Sector wise Value

Addition 150000 285000

You are required to find out equilibrium prices for Industry 1 and 2.
Transpose of Inverse 1.5909091 0.818182
of I-A 0.9090909 2.181818

Labour Cost per unit 400

500

Equilibrium prices for Industry 1 1045.455

Industry 1 & 2 Industry 2 1454.545

Is the sysytem viable?

Yes, the system is viable because X is positive and the Hawkins & Simons condition is fulfilled.

CASE 2
INDUSTRY I II FINAL DEMAND GROSS OUTPUT
I 30 40 50 120
II 20 10 30 60
LABOUR 40 20

X=(I-A)-1*D

Technology Matrix A 0.25 0.666666666667 I

0.166667 0.166666666667

I-A 0.75 -0.666667 Determinant of I-A 0.5138889

-0.1666667 0.833333

Inverse of I-A 1.6216216 1.297297

0.3243243 1.459459

X 181.62162
84.324324

Find out the total labour days requirement

Labour Per Unit 0.3333333 0.333333

Total Labour
Requirement 88.648649

If the total labour available is 100 units, is the solution feasible?

Yes, because the total labour requirement is 89 units which is less than 100 units of labour

If the wage rate is 50 per unit, find the total value added.
Labour wage rate 50 Labour Cost 16.666667

Total Labour
Requirement 88.648649 Total Value Addition 4432.4324

Total Value Addition 4432.4324

Provide Sector-wise Value addition

X 181.62162 0
0 84.32432

Sector-wise Value
Addition 3027.027 1405.405

You are required to find out equilibrium prices for Industry 1 and 2.
Transpose of Inverse 1.6216216 0.324324
of I-A 1.2972973 1.459459

Labour Cost per unit 16.666667

16.666667

Equilibrium prices for Industry 1 32.43243

Industry 1 & 2 Industry 2 45.94595

Is the sysytem viable?

Yes, the system is viable because X is positive and the Hawkins & Simons condition is fulfilled.
LEONTIEF'S INPUT OUTPUT MODEL

CASE 1
NEW FINAL DEMAND REVISED INPUT-OUTPUT MODEL
110 INDUSTRY I II FINAL DEMAND
220 I 75 190 110
II 112.5 237.5 220
LABOUR DAY 750 1425

1 0
0 1

500
 CASE 2
NEW FINAL DEMAND REVISED INPUT-OUTPUT MODEL
80 INDUSTRY I II FINAL DEMAND
40 I 45.40541 56.21622 80
II 30.27027 14.05405 40
LABOUR 60.54054 28.10811

1 0
0 1
16.6666666666667
UT MODEL
GROSS OUTPUT
375
570
UT MODEL
GROSS OUTPUT
181.621621622
84.3243243243