in a small town, there are 2 industries: an electric company and a gas works electric town gas
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In a small town, there are 2 industries: an electric company and a gas works
electric
Town
gas
In a small town, there are 2 industries: an electric company and a gas works
electric
Town
gas
External demand:each day the electric comust supply the town with $1000 worth of electricity
$1000
In a small town, there are 2 industries: an electric company and a gas works
electric
Town
gas
External demand:each day the gas worksmust supply the town with $800 worth of gas
$1000$800
In a small town, there are 2 industries: an electric company and a gas works
electric
Town
gas
$1000$800
Internal demands:
To produce $1 worth of electricity, you need .10 worth of electricity and .05 worth of gas
In a small town, there are 2 industries: an electric company and a gas works
electric
Town
gas
$1000$800
Internal demands:
To produce $1 worth of electricity, you need .10 worth of electricity and .05 worth of gas
To produce $1 worth of gas, you need .20 worth of electricity and .15 worth of gas
To produce $1 worth of electricity, you need .10 worth of electricity and .05 worth of gas
To produce $1 worth of gas, you need .20 worth of electricity and .15 worth of gas
x = total # dollars worth of electricity to be produced
y = total # dollars worth of gas to be produced
electricity needed to produce x dollars worth of electricity
x = electricity needed to produce y dollars worth of gas
+ + 1000
gas needed to produce x dollars worth of electricity
y = gas needed to produce y dollars worth of gas
+ + 800
externaldemand
To produce $1 worth of electricity, you need .10 worth of electricity and .05 worth of gas
To produce $1 worth of gas, you need .20 worth of electricity and .15 worth of gas
x = total # dollars worth of electricity to be produced
y = total # dollars worth of gas to be produced
electricity needed to produce x dollars worth of electricity
x = electricity needed to produce y dollars worth of gas
+ + 1000
gas needed to produce x dollars worth of electricity
y = gas needed to produce y dollars worth of gas
+ + 800
.10 x .20 y
.05 x .15 y
To produce $1 worth of electricity, you need .10 worth of electricity and .05 worth of gas
To produce $1 worth of gas, you need .20 worth of electricity and .15 worth of gas
x = total # dollars worth of electricity to be produced
y = total # dollars worth of gas to be produced
x = + + 1000
y = + + 800
.10 x .20 y
.05 x .15 y
y
x
15.05.
20.10.
To produce $1 worth of electricity, you need .10 worth of electricity and .05 worth of gas
To produce $1 worth of gas, you need .20 worth of electricity and .15 worth of gas
x = total # dollars worth of electricity to be produced
y = total # dollars worth of gas to be produced
x = + + 1000
y = + + 800
.10 x .20 y
.05 x .15 y
y
x
15.05.
20.10.
y
x
800
1000
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x
15.05.
20.10.
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20.10.
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800
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800
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20.10. I
y
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20.10.
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x
15.05.
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20.10. I
y
x
85.05.
20.90.
800
1000
y
x
85.05.
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800
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800
10001
85.05.
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800
1000
1921.10062.
2649.1258.1
y
x
87.1019
75.1337
y
x
87.1019
75.1337
x = total # dollars worth of electricity to be produced
y = total # dollars worth of gas to be produced