Coal, steel. An economy is based on two industrial sectors, coal and steel. Production of a dollar's worth of coal requires an input of $ 0.10 from the coal sector and $ 0.20 from the steel sector. Production of a dollar's worth of steel requires an input of $ 0.20 from the coal sector and $ 0.40 from the steel sector. Find the output for each sector that is needed to satisfy a final demand of $ 20 billion for coal and $ 10 billion for steel.
Coal, steel. An economy is based on two industrial sectors, coal and steel. Production of a dollar's worth of coal requires an input of $ 0.10 from the coal sector and $ 0.20 from the steel sector. Production of a dollar's worth of steel requires an input of $ 0.20 from the coal sector and $ 0.40 from the steel sector. Find the output for each sector that is needed to satisfy a final demand of $ 20 billion for coal and $ 10 billion for steel.
Solution Summary: The author calculates the output of two sectors, coal and steel, to satisfy a final demand of 20 billion for coal, and 10 for steel.
Coal, steel. An economy is based on two industrial sectors, coal and steel. Production of a dollar's worth of coal requires an input of
$
0.10
from the coal sector and
$
0.20
from the steel sector. Production of a dollar's worth of steel requires an input of
$
0.20
from the coal sector and
$
0.40
from the steel sector. Find the output for each sector that is needed to satisfy a final demand of
$
20
billion for coal and
$
10
billion for steel.
Throughout, A, B, (An, n≥ 1), and (Bn, n≥ 1) are subsets of 2.
1. Show that
AAB (ANB) U (BA) = (AUB) (AB),
Α' Δ Β = Α Δ Β,
{A₁ U A2} A {B₁ U B2) C (A1 A B₁}U{A2 A B2).
16. Show that, if X and Y are independent random variables, such that E|X|< ∞,
and B is an arbitrary Borel set, then
EXI{Y B} = EX P(YE B).
Using and Understanding Mathematics: A Quantitative Reasoning Approach (6th Edition)
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