The economy of a small island nation is based on two sectors

Last updated: 11/5/2023

The economy of a small island nation is based on two sectors coal and steel Production of a dollar s worth of coal requires an input of 0 20 from coal and 0 25 from steel Production of a dollar s worth of steel requires an input of 0 56 from coal and 0 20 from steel Find the output from each sector that is needed to satisfy a final demand of 44 million for coal and 52 million for steel The output from the coal sector is approximately Round million