A simple economy consists of two Industries: agriculture and manufacturing. The production of 1 unit of agricultural products requires the consumption of 0.2 unit of agricultural products and 0.3 unit of manufactured goods. The production of 1 unit of manufactured goods requires the consumption of 0.4 unit of agricultural products and 0.3 unit of manufactured goods. (a) Find the total output of goods needed to satisfy a consumer demand for $1.20 million worth of agricultural products and $110 million worth of manufactured goods (Round your answers to one decimal place.) agricultural products $ million million manufactured goods S (b) Find the value of the goods consumed in the internal process of production in order to meet the gross output. (Round your answers to one decimal place.) agricultural products S million manufactured goods $ million Need Help? Teed 1 www