Mathematics, 13.06.2020 14:57 magicalforlife
A large energy company produces electricity, natural gas, and oil. The production of a dollar's worth of
electricity requires inputs of $0.35 from electricity, $0.15 from natural gas, and $0.25 from oil. Production of a
dollar's worth of natural gas requires inputs of $0.35 from electricity, $0.15 from natural gas, and $0.20 from
oil. Production of a dollar's worth of oil requires inputs of $0.10 from each sector. Find the output for each
sector that is needed to satisfy a final demand of $25 billion for electricity, $15 billion for natural gas, and $20
billion for oil.
Answers: 1
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A large energy company produces electricity, natural gas, and oil. The production of a dollar's wort...
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