An economy consists of three sectors: coal, steel, and railroads. To produce one unit of coal requires      of a unit of coal,  of a unit of steel, and  of a unit of railroad services. To produce one...


An economy consists of three sectors: coal, steel, and railroads. To produce one unit of coal requires



 of a unit of coal,
 of a unit of steel, and
 of a unit of railroad services. To produce one unit of steel requires
 of a unit of coal,
 of a unit of steel, and
 of a unit of railroad services. To produce one unit of railroad services requires
 of a unit of coal,
 of a unit of steel, and
 of a unit of railroad services. Determine the production levels needed to satisfy an external demand for 300 units of coal, 200 units of steel, and 500 units of railroad services.




Jan 02, 2022
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