Suppose that the company operates in two market areas A and B, and the price vector of
Question:
Suppose that the company operates in two market areas A and B, and the price vector of the products sold is p=[p1,p2] is the same in both regions. In area A, the number vector qA=[1,4] scalar product with price vector produces total sales with value 6.2 and correspondingly number vector qB=[15,48] produces total sales 9. What is the vector [p1,p2] standard?
(Original text in Finnish)
"Oletetaan, ett yritys toimii kahdella markkina-alueella A ja B, ja myytvien tuotteiden hintavektori p=[p1,p2] on kummallakin alueella sama. Alueella A lukumrvektorin qA=[1,4] pistetulo hintavektorin kanssa tuottaa kokonaismyynnin, jonka arvo 6.2 ja vastaavasti lukumrvektori qB=[15,48] tuottaa kokonaismyynnin 9. Mik on vektorin [p1,p2] normi?"
Principles of Auditing and Other Assurance Services
ISBN: 978-0078025617
19th edition
Authors: Ray Whittington, Kurt Pany