We are concerned with the positive solutions of an algebraic system depending on a parameter [Formula: see text] and arising in economics. For [Formula: see text] we prove that the system has at least a solution. For [Formula: see text] we give three proofs of the existence and a proof of the uniqueness of the solution. Brouwer's theorem and inequalities involving convex functions are essential tools in our proofs.
Keywords: existence; nonlinear algebraic system; positive solution; uniqueness.