At time t0 there are 100 people in a and 200 people in b


Assume there two locations, A and B. In each period, 30% of the people in A relocate to B, while 50% of the people in B relocate to A. At time t=0, there are 100 people in A and 200 people in B. How many people will be there in A at time t=2?

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Business Economics: At time t0 there are 100 people in a and 200 people in b
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