Find 8A $$A = \left[ \begin{array} { l l l } 3 & 7 & 5 \\3 & 7 & 3\end{array} \right]$$

question 6

Multiple Choice

Find 8A. $$A = \left[ \begin{array} { l l l } 3 & 7 & 5 \\3 & 7 & 3\end{array} \right]$$

• A) \(\left[ \begin{array} { l l }
• 7 & 40 \\
• 7 & 24
• \end{array} \right]\)
• B) \(\left[ \begin{array} { l l l }
• 24 & 56 & 40 \\
• 24 & 56 & 24
• \end{array} \right]\)
• C) \(\left[ \begin{array} { c c c }
• 24 & 7 & 5 \\
• 3 & 7 & 3
• \end{array} \right]\)
• D) \(\left[ \begin{array} { c c c }
• 3 & 56 & 5 \\
• 24 & 7 & 24
• \end{array} \right]\)
• E) \(\left[ \begin{array} { c c }
• 24 & 7 \\
• 3 & 56
• \end{array} \right]\)

Comprehend the concept and characteristics of indifference curves.

Differentiate between budget lines and indifference curves in terms of slope, convexity, and what they represent.

Grasp the fundamentals of indifference curve analysis and its assumptions.

Recognize how changes in income and prices of goods affect budget lines.

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