Enter the matrices C and I into MATLAB
>> C = [0.25 0.15 θ.28 θ.18 θ.17 0.05; 0.22 θ.19 θ.22 θ.22 0.10; 0.29 θ.15 θ.29 Θ.28 θ.15; 0.18 θ.23 θ.15 θ.15 0.50]
>> I = eye (5)
The command eye (n) used here creates an n x n matrix with ones on the diagonal and zeros elsewhere
a. Use MATLAB to row-reduce the augmented matrix [C-1 1 0], and write down the general solution to (C-1)p-0.
b. What are the highest- and lowest-priced commodities in this model community? List the inhabitants in order of income, from lowest to highest. If our friend Bob sells $40,000 in moonshine per year, what are the gross incomes for the rest of the inhabitants?