An economy produces food and medical cares. $1 of food requires $0.10 in food and $0.20 in medical care. $1 of medical care requires $0.15 in food and $0.25 in medical care. An outside sector has a demand for $30,000 in food and $80,000 in medical care. How much food and medical care should the economy produce to meet the demand exactly

whole quiz

1. the sum of all activities involved in getting high-quality products into the marketplace

2.operations

3. the principle of looking at the supply chain as a whole in order to improve the overall flow through the system.

4. produced; performed

5. activities producing tangible products, such as radios, newspapers, buses, and textbooks.

6. activities producing intangible and tangible products, such as entertainment, transportation, and education.

7.   customer focus

8. analyzing a competitor's products to identify desirable improvements

9. the systematic direction and control of the processes that transform resources into finished projects that create value for and provide benefits to consumers.

10. operation management.

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answer90,000;

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