Question

In the 2 x 2 matrix below, b, and b₂ are the costs per pound of bok choy (Chinese greens) at Market 1 and Market 2, respectively; ₁ and ₂ are the costs per pound of rice flour at these 2 markets, respectively. In the following matrix product, what does a represent?

F.O The cost of pounds of rice flour at $0.50 per pound

G. O The cost of a half-pound of rice flour at Market 1


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Answer 1

Answer:

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