Find the Point on the Plane $x - 2 y + z = 3$

question 163

Short Answer

Find the point on the plane $x - 2 y + z = 3$ where $x ^ { 2 } + 4 y ^ { 2 } + 2 z ^ { 2 }$ is minimum.

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Definitions:

Interest Rate

The proportion of a loan that is charged as interest to the borrower, typically expressed as an annual percentage of the loan outstanding.

Money Supply

The overall available monetary assets within an economy at a designated time.

Nominal Variables

Variables measured in monetary units.

Price Level

The average of current prices across the entire spectrum of goods and services produced in the economy, indicating the cost of living or inflation.