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{4x+2z+w=18x+y+2zw=44xy+2w=21y+4zw=3\left\{ \begin{aligned}4 x + 2 z + w & = - 18 \\- x + y + 2 z - w & = 4 \\4 x - y + 2 w & = - 21 \\y + 4 z - w & = - 3\end{aligned} \right.

question 95

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{4x+2z+w=18x+y+2zw=44xy+2w=21y+4zw=3\left\{ \begin{aligned}4 x + 2 z + w & = - 18 \\- x + y + 2 z - w & = 4 \\4 x - y + 2 w & = - 21 \\y + 4 z - w & = - 3\end{aligned} \right.


Definitions:

Economic Profits

The excess of total revenues over total costs, including both explicit and implicit costs.

Perfectly Competitive

Describes a market structure where numerous small firms compete against each other, and products are considered perfect substitutes.

Average Rate

A mathematical mean or typical value of a set of rates, often used in reference to interest rates, pricing, or other financial statistics.

Market Demand

The total quantity of a product or service that is desired by all potential consumers in a market at various price levels.

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