1. In the long run, the state probabilities will be 0 and 1

a. in no instances.

b. in all instances.

c. in some instances.

2. To find equilibrium conditions,

a. the first vector of state probabilities must be known.

b. the matrix of transition probabilities is unnecessary.

c. the general terms in the vector of state probabilities are used on two occasions.

d. the matrix of transition probabilities must be squared before it is inverted.

e. none of the above.