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Determine Whether the Two Systems of Linear Equations Yield the Same

question 37

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Determine whether the two systems of linear equations yield the same solutions. If so, find the solutions using matrices. {x8y8z=36y+2z=7z=2\left\{ \begin{aligned}x - 8 y - 8 z & = - 36 \\y + 2 z & = 7 \\z & = 2\end{aligned} \right. {x7y+5z=7y+2z=7z=2\left\{ \begin{aligned}x - 7 y + 5 z & = - 7 \\y + 2 z & = 7 \\z & = 2\end{aligned} \right.


Definitions:

Long-Run Equilibrium

A market state where all producers and consumers have fully adjusted to all changes, and there are no forces causing further adjustments.

Production Costs

The total expense incurred in manufacturing a product or providing a service, including raw materials, labor, and overheads.

Marginal Revenue

The increase in revenue achieved by selling one additional unit of a product or service.

Economic Profits

Profits calculated by subtracting both explicit and implicit costs from total revenues, often representing the additional benefit over the next best alternative.

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