An economy has three industries, farming, building, and clothing. For every dollar of food produced, the farmers use $0.08, the builders use $0.07, and the tailors use $0.18. For every dollar of building, the builders use $0.12, the farmers use $0.03, and the tailors use $0.13. For every dollar of clothing produced, the tailors use $0.08, the builders use $0.09, and the farmers use $0.16. If the external demand for food is $240 million, for building is $130 million, and for clothing is $130 million, what should be the total production for each industry? Farming production S million Building production = $ million Clothing production = $ million

Algebra: Structure And Method, Book 1
(REV)00th Edition
ISBN:9780395977224
Author:Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole
Publisher:Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole
Chapter2: Working With Real Numbers
Section2.3: Rules For Addition
Problem 6P
icon
Related questions
Question
An economy has three industries, farming, building, and clothing. For every dollar of food produced, the
farmers use $0.08, the builders use $0.07, and the tailors use $0.18. For every dollar of building, the
builders use $0.12, the farmers use $0.03, and the tailors use Ș0.13. For every dollar of clothing produced,
the tailors use $0.08, the builders use $0.09, and the farmers use $0.16. If the external demand for food is
$240 million, for building is $130 million, and for clothing is $130 million, what should be the total
production for each industry?
Farming production = S
million
Building production = $
million
Clothing production = $
million
Transcribed Image Text:An economy has three industries, farming, building, and clothing. For every dollar of food produced, the farmers use $0.08, the builders use $0.07, and the tailors use $0.18. For every dollar of building, the builders use $0.12, the farmers use $0.03, and the tailors use Ș0.13. For every dollar of clothing produced, the tailors use $0.08, the builders use $0.09, and the farmers use $0.16. If the external demand for food is $240 million, for building is $130 million, and for clothing is $130 million, what should be the total production for each industry? Farming production = S million Building production = $ million Clothing production = $ million
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 2 steps with 2 images

Blurred answer
Recommended textbooks for you
Algebra: Structure And Method, Book 1
Algebra: Structure And Method, Book 1
Algebra
ISBN:
9780395977224
Author:
Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole
Publisher:
McDougal Littell
College Algebra
College Algebra
Algebra
ISBN:
9781938168383
Author:
Jay Abramson
Publisher:
OpenStax
College Algebra (MindTap Course List)
College Algebra (MindTap Course List)
Algebra
ISBN:
9781305652231
Author:
R. David Gustafson, Jeff Hughes
Publisher:
Cengage Learning
College Algebra
College Algebra
Algebra
ISBN:
9781337282291
Author:
Ron Larson
Publisher:
Cengage Learning
Intermediate Algebra
Intermediate Algebra
Algebra
ISBN:
9780998625720
Author:
Lynn Marecek
Publisher:
OpenStax College
Elementary Algebra
Elementary Algebra
Algebra
ISBN:
9780998625713
Author:
Lynn Marecek, MaryAnne Anthony-Smith
Publisher:
OpenStax - Rice University