Find a norm on $\Bbb{R}^2$ for which $\|(0, 1)\| = 1 = \|(1, 0)\|$ and for which $\|(1, 1)\| = 0.0001$. Show that your answer works.
I know obviously that the $\Bbb{R}^2$ norm is the Euclidean norm, but I am unsure on how to do the actual question. Any help much appreciated!
I'd try a norm based on a positive definite symmetric matrix: $$\|(x,y)\|^2=\pmatrix{x&y}A\pmatrix{x\\y}$$ defines a norm if the matrix $A$ is positive definite. To get $\|(1,0)\|=\|(0,1)\|=1$ one needs $$A=\pmatrix{1&b\\b&1}$$ and this is positive definite if $b^2<1$. You want $\|(1,1)\|^2=10^{-8}$. But $$\|(1,1)\|^2=2+2b.$$ Does the solution of $2+2b=10^{-8}$ for $b$ also satisfy $b^2<1$?