Final answer:
The product of two lower triangular matrices is itself lower triangular, and the inverse of a non-singular lower triangular matrix is also lower triangular. Hence, both statements about lower triangular matrices are correct.
Step-by-step explanation:
To address the question regarding lower triangular matrices, let's consider the following statements: (A) The product of two lower triangular matrices is lower triangular, and (B) The inverse of a non-singular lower triangular matrix is lower triangular. For statement A, when we multiply two lower triangular matrices, the result is indeed a lower triangular matrix. This is because when performing matrix multiplication, each element in the product matrix is derived from a dot product that only involves the lower triangular parts of the matrices, which does not introduce any non-zero elements above the diagonal. As for statement B, the inverse of a non-singular lower triangular matrix is lower triangular as well. When inverting a lower triangular matrix, the operation preserves the triangular structure since basic row operations used to find the inverse do not introduce non-zero elements above the diagonal if properly applied. Therefore, the correct answer is C) Both A and B are correct.