# The economy of a small island nation is based on two​ sectors, agriculture and tourism. Production of a​ dollar's worth of agriculture requires an input of \$0.39 from agriculture and \$0.44 from tourism. Production of a​ dollar's worth of tourism requires an input of \$0.43 from agriculture and \$ 0.28 from tourism. Find the output from each sector that is needed to satisfy a final demand of \$40 million for agriculture and \$74 million for tourism.is 47420000 and 38320000 correct?

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The economy of a small island nation is based on two​ sectors, agriculture and tourism. Production of a​ dollar's worth of agriculture requires an input of \$0.39 from agriculture and \$0.44 from tourism. Production of a​ dollar's worth of tourism requires an input of \$0.43 from agriculture and \$ 0.28 from tourism. Find the output from each sector that is needed to satisfy a final demand of \$40 million for agriculture and \$74 million for tourism.

is 47420000 and 38320000 correct?

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Step 1

The economy of a small island nation is based on two​ sectors, agriculture and tourism. Production of a​ dollar's worth of agriculture requires an input of \$0.39 from agriculture and \$0.44 from tourism. Production of a​ dollar's worth of tourism requires an input of \$0.43 from agriculture and \$ 0.28 from tourism. Find the output from each sector that is needed to satisfy a final demand of \$40 million for agriculture and \$74 million for tourism.

Step 2

Let x be the output from Agriculture

Y be the output from Tourism.

According to given information we get

Step 3

Write in matrix f...

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