Find the Inverse of the Matrix $$\left[ \begin{array} { r r } 0 & -6\\-4 & 5 \\\end{array} \right]$$

question 5

Multiple Choice

Find the inverse of the matrix.
- $$\left[ \begin{array} { r r } 0 & -6\\-4 & 5 \\\end{array} \right]$$

• A)\(\left[ \begin{array} { c c } 0 & - \frac { 1 } { 4 } \\ - \frac { 1 } { 6 } & - \frac { 5 } { 24 } \end{array} \right]\)
• B) \(\left[ \begin{array} { c c } - \frac { 1 } { 6 } & 0 \\ - \frac { 5 } { 24 } & - \frac { 1 } { 4 } \end{array} \right]\)
• C) \(\left[ \begin{array} { c c } - \frac { 5 } { 24 } & \frac { 1 } { 4 } \\ -\frac { 1 } { 6 } & 0 \end{array} \right]\)
• D) \(\left[ \begin{array} { c c } - \frac { 5 } { 24 } & \frac { 1 } { 4 } \\ \frac { 1 } { 6 } & 0 \end{array} \right]\)

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Definitions:

Short Run

The short run in economics is a period during which at least one input, such as plant size, is fixed and cannot be changed.

Price Discrimination

A pricing strategy where identical or substantially similar products or services are sold at different prices to different buyers.

Physically Separated

A state or condition where two or more entities are not connected or in direct contact with each other, often referring to geographical distance.

Elastic Demand

A situation where the demand for a product or service significantly changes in response to price fluctuations, with greater sensitivity indicating higher elasticity.