1. 1he flowing data was for Phosphate Company, the output (Yi) in 2010 was 2 billion $. in 20011 was 4 billion $. in 2012 was & billion $. in 2013 was 8 billion $. in 2014 was 10 billion $. the cost (CSTi) in 2010 war. 1 million $. in 2011 was 1 million $. in 2012 was 2 million $. in 2013 was 2 million $. in 2014 was 3 million $. and if we want to estimate the following model Ci 81+82Yi+Ui calculate Enter your math answer

1. 1he flowing data was for Phosphate Company, the output (Yi) in 2010 was 2 billion $. in 20011 was 4 billion $. in 2012 was & billion $. in 2013 was 8 billion $. in 2014 was 10 billion $. the cost (CSTi) in 2010 war. 1 million $. in 2011 was 1 million $. in 2012 was 2 million $. in 2013 was 2 million $. in 2014 was 3 million $. and if we want to estimate the following model Ci 81+82Yi+Ui calculate Enter your math answer

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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