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 ...

The use of concrete models for teaching students how to solve equations is often debated in scientific literature. This article aims to examine the balance model and to identify the issues that divide ...

We propose two simple bias-reduction procedures that apply to estimators in a general static simultaneous equation model and that are valid under relatively weak distributional assumptions for the ...