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Linear AlgebraMediumMarkov Chains & Long-Run Behavior

Markov Chains & Long-Run Behavior · Medium problem

Each year, people move between City, Suburbs and Rural areas. Of those in the City, 80%80\% stay, 15%15\% move to the Suburbs and 5%5\% move to Rural areas. Of those in the Suburbs, 10%10\% move to the City, 80%80\% stay and 10%10\% move to Rural areas. Of those in Rural areas, 10%10\% move to the City, 10%10\% move to the Suburbs and 80%80\% stay. In the long run, what fraction of the population lives in the Suburbs? Express your answer as a common fraction.