Ripetizioni di AnalisiMaths for EconomicsUnlockedITSearch

Exercise 2

Total expenditure with the matrix product

Theory used: Row-by-column productMatrix

Two customers buy three goods. The first buys units of the first good, of the second and of the third; the second buys , and units. The unit prices are euros, euros and euros. Write the matrix of the quantities (one row per customer) and the column vector of the prices, and compute with the product the expenditure of each customer.

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