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Given And c=6c = - 6 , Determine cAB2c A B ^ { 2 }

question 33

Multiple Choice

Given:
A=[742458],B=[417883]A = \left[ \begin{array} { r r r } - 7 & - 4 & 2 \\ 4 & - 5 & - 8 \end{array} \right] , B = \left[ \begin{array} { r r r } - 4 & 1 & - 7 \\ 8 & - 8 & 3 \end{array} \right] and c=6c = - 6 , determine cAB2c A B ^ { 2 } .


Definitions:

Marginal Revenue

The additional income gained from selling one more unit of a product or service.

Monopolist's Demand Curve

The demand curve faced by a monopolist, which is the same as the market demand curve, indicating that the monopolist can set the price only by choosing the quantity to produce.

Elastic

Describes a situation in which the demand or supply for a product changes significantly when its price changes.

Barriers

Obstacles that prevent or hinder entry into a market or the pursuit of certain activities, which can be economic, legal, technical, or natural in nature.

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