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Orthogonally diagonalize the matrix, giving an orthogonal matrix P and a diagonal matrix D.
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Coordinating Mechanism
Systems and processes that facilitate the efficient allocation and use of resources within an economy or organization.
Command Economy
An economic system in which the government or a central authority controls all major aspects of production and distribution.
Manufacturers Decide
The process by which companies determine what products to produce, how much to produce, and at what price to sell based on market demand and other factors.
Market Economy
An economic system where supply and demand from consumers and businesses drive economic decision-making and the allocation of resources.
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