MathCastle
Linear AlgebraMediumDeterminants & Inverses

Determinants & Inverses · Medium problem

A two-sector local economy's technology matrix is (k346)\begin{pmatrix}k&3\\4&6\end{pmatrix}, where kk depends on a planned productivity change. For which value of kk does the economy fail to have a unique equilibrium (the matrix becomes singular)?