Question: Please show your work, I am stuck on this question and would love some clarity. Thank you. The following table describes an open economy with

Please show your work, I am stuck on this question and would love some clarity. Thank you.

Please show your work, I am stuck on this question and would

The following table describes an open economy with two sectors. The entries of the table are the dollar inputs required to produce one dollar of output. Input Required per Dollar Output Electricity Natural Gas Provider Electricity $0.20 $0.60 Natural Gas $0.40 $0.10 Suppose that the open sector has a demand of $24 worth of electricity and $12 worth of natural gas. Write down the Leontief equation of this open economy. Find the production vector that will meet this demand exactly

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