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Mathematics, 18.02.2020 20:27 monacelli21212owlrlu

Start the iteration procedure followed in (9), (10), and (11) with an initial set of supplies equal to the consumer demand~, that is, x 1 = l 00, x2 = 50, x3 = 100, x4 = 0. Compute the right sides of the equations in (6). With this set of xi's and let the resulting numbers be the new values for x 1, x2 , x3 , x4 ; compute the right sides again with these new x; s; and so on. Do this iteration five times. Do the successive sets of X; S appear to be converging toward the equilibrium values given at the end.

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Start the iteration procedure followed in (9), (10), and (11) with an initial set of supplies equal...
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