To produce a unit of wood, 0.23 units of wood are required and 0.02 units...
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To produce a unit of wood, 0.23 units of wood are required and 0.02 units of steel are required. To produce a unit of steel, 0.03 units of wood are required and 0.22 units of steel are required. There is an external demand for 1400 units of wood and 3800 units of steel. The wood sector should produce units and the steel sector should produce units. (You may round your answer to the nearest cent.)
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To produce a unit of wood, 0.23 units of wood are required and 0.02 units of steel are required. To produce a unit of steel, 0.03 units of wood are required and 0.22 units of steel are required. There is an external demand for 1400 units of wood and 3800 units of steel. The wood sector should produce units and the steel sector should produce units. (You may round your answer to the nearest cent.) 