Given $A = \left[ \begin{array} { c c } - 5 & 2 \\2 & 4\end{array} \right]$

question 71

Essay

Given $A = \left[ \begin{array} { c c } - 5 & 2 \\2 & 4\end{array} \right]$ , find $3 A$ , or explain why the operation cannot be performed.

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Definitions:

Demand Curve

A graph showing the relationship between the price of a good and the amount of it that consumers are willing and able to purchase at each possible price.

Marginal Revenue Curve

A graphical representation showing how much additional revenue a firm will generate by selling one more unit of a product or service.

Marginal Revenue

The extra income a business earns by selling an additional unit of a product or service.

Profit-Maximizing

The process or strategy aimed at achieving the highest possible profit from products or services.