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III Homework: Homework 3B (4.6, 4.7) Question 19, 4.7.35-BE Part 1 of 2 69.75%, 13.95 of 20 points Points: 0 of 1 Save T
Posted: Tue May 10, 2022 7:12 am
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- Iii Homework Homework 3b 4 6 4 7 Question 19 4 7 35 Be Part 1 Of 2 69 75 13 95 Of 20 Points Points 0 Of 1 Save T 1 (26.04 KiB) Viewed 32 times
III Homework: Homework 3B (4.6, 4.7) Question 19, 4.7.35-BE Part 1 of 2 69.75%, 13.95 of 20 points Points: 0 of 1 Save The economy of a small island nation is based on two sectors, cool and steel. Production of a dollar's worth of coal requires an input of $0.39 from coal and $0,44 from steel. Production of a dollar's worth of steel requires an input of $0.43 from coal and $0.28 from steel. Find the output from each sector that is needed to satisfy a final demand of $31 million for coal and $61 million for steel The output from the coal sector is approximately s million (Round to the nearest million.)