Part B:

For the scenario in Part-A, develop a MATLAB code for Gauss Seidel Method and Jacobis Method and compare your results. Tolerance level should be less than 1*10^-3.

I need answer of part b

The following are the demand and supply functions for three competing mobile phone models of different manufacturers. = 9d1 92 2021 + 4p2 + 4p3 9s1 = 24p1 - 32 9d2 = 60 + 4p1 12p2 + 8p3 9s2 = 12p2 - 44 9d3 = 76 + 4p1 + 8p2 1623 9s3 = 12p3 20 Using Gauss Jordan Method determine whether there are prices which would bring the supply and demand levels into equilibrium for each of the three mobile phone models. If so, what are the equilibrium demand and supply quantities? You may get the equations of market equilibrium condition by equating 4d1 with 9s1, 9d2 with qs2 and 9d3 with qs3. The following are the demand and supply functions for three competing mobile phone models of different manufacturers. = 9d1 92 2021 + 4p2 + 4p3 9s1 = 24p1 - 32 9d2 = 60 + 4p1 12p2 + 8p3 9s2 = 12p2 - 44 9d3 = 76 + 4p1 + 8p2 1623 9s3 = 12p3 20 Using Gauss Jordan Method determine whether there are prices which would bring the supply and demand levels into equilibrium for each of the three mobile phone models. If so, what are the equilibrium demand and supply quantities? You may get the equations of market equilibrium condition by equating 4d1 with 9s1, 9d2 with qs2 and 9d3 with qs3