The equilibrium condition for three related market is given as follows: 2P, – P2 + P3 = 10 P + 2P2 – P3 = 8 -P – P2 + 3P3 = 14 Express the equation systems in matrix form and find the equilibrium price for each market by matrix inverse technique.

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A: We can solve this by using elimination method

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A: The detailed solution is given below Thank you