The production processes
are such that .8 units of steel and .1 unit of oil are required to produce 1 unit of steel, and
.4 units of steel and .5 units of oil are required to produce 1 unit of oil. Suppose that the
economy is meeting an external demand of 2 units of steel and 1 unit of oil. Then
a) The level of production of steel is at two times the level of production of oil.
b) The level of production of steel is at 4.5 times the level .
c) The level of production of steel is at 2.5 times the level of production of oil.
d) The level of production of steel is at 3.5 times

Hey! We 've verified this expert answer for you, click below to unlock the details :)

I got my questions answered at brainly.com in under 10 minutes. Go to brainly.com now for free help!

please help me and explain me

Which do you believe it is?

I have no idea. what will equation be ?

Looking for something else?

Not the answer you are looking for? Search for more explanations.

## More answers

Looking for something else?

Not the answer you are looking for? Search for more explanations.