Find the Equilibrium Vector for the Transition Matrix $\left[\begin{array}{ll}0.3 & 0.7 \\ 0.6 & 0.4\end{array}\right]$

Multiple Choice

Find the equilibrium vector for the transition matrix.
- $\left[\begin{array}{ll}0.3 & 0.7 \\ 0.6 & 0.4\end{array}\right]$

A) $\left[\begin{array}{ll}0.333 & 0.667]\end{array}\right.$
B) $\left[\begin{array}{ll}0.667 & 0.333\end{array}\right]$
C) $\left[\begin{array}{ll}0.538 & 0.462\end{array}\right]$
D) $\left[\begin{array}{ll}0.462 & 0.538]\end{array}\right.$