Equilibrium conditions for three related markets , Econometrics

The equilibrium conditions for three related markets are given by:

1754_123.png


 (a)Write this system of equations in matrix notation of the form  Ax = B.

 (b)  Find the determinant of A .

 

Posted Date: 3/25/2013 5:37:28 AM | Location : United States







Related Discussions:- Equilibrium conditions for three related markets , Assignment Help, Ask Question on Equilibrium conditions for three related markets , Get Answer, Expert's Help, Equilibrium conditions for three related markets Discussions

Write discussion on Equilibrium conditions for three related markets
Your posts are moderated
Related Questions
A firm has the certain total revenue (TR) function:      TR=(4Q+2) e 4Q where Q  is Quantity      Find the firm's marginal revenue function.

#question.Suppose that you have 150 observations on production (yt) and investment (it), and you have estimated the following ADL(3,2) model: (1 – 0.5L – 0.1L2 – 0.05L3)yt = 0.7 +

Consider a Simple Linear Regression Model (SLRM) of the form y= a1+a2X+e where e ~  N(0,σ 2 )(Use the assumptions outlined in our class and available for review in the lecture note

Consider a linear model to explain pricing of houses: Price = ß0 + ß1lotsize + ß2sqrft + ß3bdrms + u (1) E(u| lotsize, sqrft, bdrms)=0 Var (u| lotsize, sqrft, bdrms)=s2 lotsize4

Ask question #are there any welfare or subsidy payment that should be reviewed or added?

HOW TO USE CORRELATION OF THE OFF DIAGONAL ELEMENTS OF THE COVARIANCE MATRIX TO DETECT MULTICOLINEARLITY

Assume the price elasticity of cigarettes is 0.25. By how much would prices have to increase to get a 20% reduction on smoking?


Give the mathematical formula of calculate the slope of a line?

Females, it is said, make 70 cents to the dollar in the United States. To investigate this phenomenon, you collect data on weekly earnings from 1,744 individuals, 850 females and