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Mathematics, 03.03.2021 23:40 onlineK

The economy of a small island nation is based on twoโ€‹ sectors, coal and steel. Production of aโ€‹ dollar's worth of coal requires an input of $0.36 from coal and $.50 from steel. Production of aโ€‹ dollar's worth of steel requires an input of $0.46 from coal and $0.25 from steel. Find the output from each sector that is needed to satisfy a final demand of $34 million for coal and $73 million for steel. The output from the coal sector is approximately โ€‹$_?


The economy of a small island nation is based on twoโ€‹ sectors, coal and steel. Production of aโ€‹ dol

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