The economy of a country is based on two sectors, agriculture and oil. Production of a dollar's

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The economy of a country is based on two sectors, agriculture and oil. Production of a dollar's worth of agriculture requires an input of $0.40 from agriculture and $0.35 from oil. Production of a dollar's worth of oil requires an input of $0.20 from agriculture and $0.05 from oil. Find the output from each sector that is needed to satisfy a final demand of $40 million for agriculture and $250 million for oil.
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College Mathematics for Business Economics Life Sciences and Social Sciences

ISBN: 978-0321614001

12th edition

Authors: Raymond A. Barnett, Michael R. Ziegler, Karl E. Byleen

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