We have looked at how to solve equations with one unknown value, but what happens when there are two unknown values? An equation with two unknown values will have infinitely many solutions. or \(x=100 ...

You can use a SOLVE statement to solve the nonlinear equation system for some variables when the values of other variables are given. Consider the demand and supply model shown in the preceding ...

with B * = I- B. This requires that one of the preceding equations be solved for P t. Solving the second equation for P t yields You can estimate the intercepts of a system of simultaneous equations ...