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Solve the Problem A=[354]A = \left[ \begin{array} { r } 3 \\ - 5 \\ - 4 \end{array} \right]

question 104

Multiple Choice

Solve the problem.
-Let A=[354]A = \left[ \begin{array} { r } 3 \\ - 5 \\ - 4 \end{array} \right] and B=[565]B = \left[ \begin{array} { r } - 5 \\ 6 \\ 5 \end{array} \right] . Find A+BA + B .


Definitions:

Marginal Revenue

The boost in revenue achieved by selling an additional unit of a good or service.

Price Taker

A buyer or seller that is unable to influence the market price of a product or service.

Marginal Revenue Curve

A graphical representation showing how the revenue from selling one more unit of a good or service changes as production volume changes.

Price-searcher Firm

A company that has the ability to set the price for its products because it does not face perfect competition.

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