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The Characteristic Equation Of A=(2222)A = \left( \begin{array} { c c } 2 & - 2 \\2 & 2\end{array} \right)

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The characteristic equation of A=(2222) A = \left( \begin{array} { c c } 2 & - 2 \\2 & 2\end{array} \right) is

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Definitions:

Pollution Tax

A financial charge imposed on the emission of pollutants, intended to motivate reductions in harmful environmental discharges.

Unit of Production

A single complete item or a specified amount of a commodity produced.

Positive Externality

An economic situation where a third party benefits from a transaction or activity they are not directly involved in.

Negative Externality

A cost suffered by a third party due to an economic transaction or activity, without compensation, such as pollution from a factory affecting nearby residents.

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