Question: exercise 41 rewrite the market model 312 in the format...
Exercise 4.1 Rewrite the market model (3.12) in the
format of 4.1
2. with the variables arranged in the following order: Q_d1, Q_s1, Q_d2, Q_s2, P_1, P_2. write out the coefficient matrix, the variable vector, and the constant vector.
4. Rewrite the national-income model (3.23) in the format of (4.1), with U asbtye first variable. Write out the coefficient matrix and the constant vector.
4.1 matrices and vectors
The pictures are only a samplebso you could solved the problems.