American Journal of Agricultural Economics, Vol. 53, No. 1 (Feb., 1971), pp. 63-70 (8 pages) The simultaneous-equation approach is used to formulate a positive spatial equilibrium model consisting of ...

The American Economist, Vol. 42, No. 1 (Spring, 1998), pp. 42-55 (14 pages) This paper investigates rivalry in R&D expenditures for firms within the U. S. Automobile industry. It attempts to falsify ...

The unknown values in an equation could be the individual costs of a smoothie and a banana when the combined cost is known. Simultaneous equations can be useful when running a business. Watch the ...

Simultaneous equations like 𝒚 = 2𝒙 - 1 and 𝒚 = 𝒙 + 1 can be represented graphically. To solve the equations graphically, the two lines 𝒚 = 𝒙 + 1 and 𝒚 = 2𝒙 - 1 are drawn on the same diagram.