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Use a Graphing Calculator and the Method of Matrix Inverses

question 244

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Use a graphing calculator and the method of matrix inverses to Give five decimal places, if necessary.
- (log2) x+(ln3) y+(ln5) z=4(ln3) x+(log8) y+(ln10) z=11(log23) x+(ln7) y+(ln4) z=15\begin{array} { l } ( \log 2 ) x + ( \ln 3 ) y + ( \ln 5 ) z = 4 \\( \ln 3 ) x + ( \log 8 ) y + ( \ln 10 ) z = 11 \\( \log 23 ) x + ( \ln 7 ) y + ( \ln 4 ) z = 15\end{array}


Definitions:

Long-Run Supply Curve

A graphical representation that shows how the quantity supplied reacts to price changes in the long-term, accounting for all factors of production adjustments.

Increasing Cost Industry

An industry in which the costs of production increase as the industry's output expands, typically due to resource limitations.

Decreasing-Cost Industry

An industry where the average cost of production decreases as the industry's output increases, often due to economies of scale.

Long-Run Industry Supply Curve

A graphical representation that shows the relationship between the price of a good and the total output of the industry over time, assuming all inputs are variable.

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