Agriculture, manufacturing, energy. An economy is based on three sectors, agriculture, manufacturing, and energy. Production of a dollar's worth of agriculture requires inputs of
Want to see the full answer?
Check out a sample textbook solutionChapter 4 Solutions
FINITE MATHMATICS F/ BUSI...-ACCESS
Additional Math Textbook Solutions
Elementary Statistics (13th Edition)
A First Course in Probability (10th Edition)
Elementary Statistics: Picturing the World (7th Edition)
University Calculus: Early Transcendentals (4th Edition)
College Algebra (7th Edition)
- Profit: At a local store, the numbers of gallons of skim milk, 2% milk, and whole milk sold over the weekend are represented by A. Skim2%WholemilkmilkmilkA=406452608276769684FridaySaturdaySunday The selling prices per gallon and the profits per gallon for the three types of milk are represented by B. SellingProfitProfitB=$3.45$1.20$3.65$1.30$3.85$1.45Skimmilk2%milkWholemilk (a) Compute AB and interpret the result. (b) Find the store’s total profit from the milk sales for the weekend.arrow_forward5. A coffee merchant sells three blends of coffee. A bag of the house blend contains 300 grams of Colombian beans and 200 grams of French roast beans. A bag of the special blend contains 200 grams of Colombian beans, 200 grams of Kenyan beans, and 100 grams of French roast beans. A bag of the gourmet blend contains 100 grams of Colombian beans, 200 grams of Kenyan beans, and 200 grams of French roast beans. The merchant has on hand 30 kilograms of Colombian beans, 15 kilograms of Kenyan beans, and 25 kilograms of French roast beans. If he wishes to use up all of the beans, how many bags of each type of blend can be made?arrow_forwardAgriculture A mixture of 6 gallons of chemical A, 8 gallons of chemical B, and 13 gallons of chemical C is required to kill a destructive crop insect. Commercial spray X contains 1,2, and 2 parts, respectively, of these chemicals. Commercial spray Y contains only Chemical C. Commercial spray Z contains A, B, and C in equal amounts. How much of each type of commercial spray is needed to get the desired mixture?arrow_forward
- Feeding Lab Rabbits A biologist wishes to feed laboratory rabbits a mixture of two types of foods. Type I contains 8 g of fat, 12 g of carbohydrate, and 2 g of protein per ounce. Type II contains 12 g of fat, 12 g of carbohydrate, and 1 g of protein per ounce. Type I costs $0.20 per ounce and type II costs $0.30 per ounce. Each rabbit receives a daily minimum of 24 g of fat, 36 g of carbohydrate, and 4 g of protein, but get no more than 5 oz of food per day. How many ounces of each food type should be fed to each rabbit daily to satisfy the dietary requirements at minimum cost?arrow_forward23. Consider a simple economy with just two industries: farming and manufacturing. Farming consumes 1/2 of the food and 1/3 of the manufactured goods. Manufacturing consumes 1/2 of the food and 2/3 of the manufactured goods. Assuming the economy is closed and in equilibrium, find the relative outputs of the farming and manufacturing industries.arrow_forward
- Linear Algebra: A Modern IntroductionAlgebraISBN:9781285463247Author:David PoolePublisher:Cengage LearningElementary Linear Algebra (MindTap Course List)AlgebraISBN:9781305658004Author:Ron LarsonPublisher:Cengage Learning
- College Algebra (MindTap Course List)AlgebraISBN:9781305652231Author:R. David Gustafson, Jeff HughesPublisher:Cengage LearningAlgebra & Trigonometry with Analytic GeometryAlgebraISBN:9781133382119Author:SwokowskiPublisher:CengageCollege AlgebraAlgebraISBN:9781305115545Author:James Stewart, Lothar Redlin, Saleem WatsonPublisher:Cengage Learning