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by adastra22
948 days ago
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If you multiply by a transform where the first entry is 1, the second entry is d/dx, the third entry is d^2/dx^2, etc. You will get a different unit for each entry of the vector. Also most of economics consists of linear systems with non homogeneous units. The first entry could be bushels of wheat, the next demand for steel, etc. |
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Transform vectors like you mentioned can have an implicit 1 with the right units in them in order to make the vector have a consistent unit.
> Also most of economics consists of linear systems with non homogeneous units.
The system of equations needs to have some sort of unit consistency. Which means there is some way to split up the units to keep the matrices and vectors with consistent units or the math doesn’t actually make sense.