Suppose there are two individuals, Casey and Rick, who live in a very simplified world where only two goods are produced and consumed: rice and beans. The production opportunity cost for Casey is
4.00
kg
of rice for every kilogram of beans. Rick has a production opportunity cost of
2.00
kg
of rice for every kilogram of beans.

Casey eventually realizes that, through trade, both individuals can be better off. Rick is willing to trade. What price can be settled between these two parties such that both individuals can enjoy more rice and beans? Give your answer to two decimals.

the size of the resulting matrix is 1-by-3.

step-by-step explanation:

the size of the two matrices given are as follows:

no .of rows of matrix 1 = 1

no .of columns of matrix 1 = 3

no .of rows of matrix 1 = 3

no .of columns of matrix 1 = 3

to find the size of the resulting matrix without actually solving the multiplication of the matrix, this is what you do:

if resulting matrix = matrix 1 * matrix 2

no. of rows of the resulting matrix = number of rows of matrix 1

no. of columns of resulting matrix = number of columns of matrix 2

note: the order of the matrices matter!

b. astronomers

answer:   rlly

step-by-step explanation: