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Using least square method answer the requeirements below. Show complete solutions Price Quantity Demanded 50 800 60 700 70 600 80 500 90 400 Required:

Using least square method answer the requeirements below. Show complete solutions

Price Quantity Demanded 50 800 60 700 70 600 80 500 90 400 Required: 1. Formulate the Demand Function 2. Interpret the function 3. Graphically illustrate the demand schedule

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