Exercise 4.63 (Solution on p. 93.) An economy has two industries, farming and building. For every $1 of food produced, the farmer uses $.20 and the builder uses $.15. For every $1 worth of building, the builder uses $.25 and the farmer uses $.20. If the external demand for food is $100,000, and for building $200,000, what should be the total production for each industry in dollars?
Exercise 4.63 (Solution on p. 93.) An economy has two industries, farming and building. For every $1 of food produced, the farmer uses $.20 and the builder uses $.15. For every $1 worth of building, the builder uses $.25 and the farmer uses $.20. If the external demand for food is $100,000, and for building $200,000, what should be the total production for each industry in dollars?
Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
Problem 1RQ
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![Exercise 4.63
(Solution on p. 93.)
An economy has two industries, farming and building. For every $1 of food produced, the farmer
uses $.20 and the builder uses $.15. For every $1 worth of building, the builder uses $.25 and the
farmer uses $.20. If the external demand for food is $100,000, and for building $200,000, what
should be the total production for each industry in dollars?](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fec01fb69-82fa-4c5e-9bba-5ae0417dacf9%2F8d7a465a-a7c8-4745-a6f8-6e3fccc161ef%2F5o5d1r8_processed.png&w=3840&q=75)
Transcribed Image Text:Exercise 4.63
(Solution on p. 93.)
An economy has two industries, farming and building. For every $1 of food produced, the farmer
uses $.20 and the builder uses $.15. For every $1 worth of building, the builder uses $.25 and the
farmer uses $.20. If the external demand for food is $100,000, and for building $200,000, what
should be the total production for each industry in dollars?
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