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 ...

This paper introduces a financial model that moves away from the conventional percentage of sales technique by incorporating explicit economic and behavioral specifications. Treating risk explicitly ...

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 ...