The economy of a small island nation is based on two sectors, coal and steel. Production of a dollar's worth of coal requires an input of $0.39 from coal and $0.43 from steel. Production of a
dollar's worth of steel requires an input of $0.55 from coal and $0.35 from steel. Find the output
from each sector that is needed to satisfy a final demand of $44 million for coal and $81 million
for steel
The output from the coal sector is approximately $2 million.
(Round to the nearest million.)
million
The output from the steel sector is approximately $
(Round to the nearest million.)