Question
. You collect the following production data for your firm: Q a. Which functional form (linear, quadratic, cubic) is most suitable to your data? Construct
. You collect the following production data for your firm:
Q |
L | ||
196 | 2 | ||
1,155 | 6 | ||
443 | 3 | ||
62 | 1 | ||
1,114 | 9 | ||
712 | 5 | ||
1,045 | 7 | ||
631 | 4 | ||
903 | 11 | ||
1,232 | 10 |
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