2. failure in this situation. on re Nepal. Suggest the role of NRB to prevent market Consider the following data for sales of biscuits produced in Nepal for 5 years. Yearly a. 2017 2018 2019 2020 2021 Price (Rs) 20apital 18 16 14 posit 12 Sales expenditure (Rs in million) 10 15 22 Pro 26 37 Sales of Biscuit (1000 units) 2 30 40 52 Derive the trend line equation and forecast the sales of Biscuits for no Blow ni ve guam hrids to. 2022. b. (1) Derive linear demand function of biscuits on price and estimate the sales for 2023 when price decreases to Rs 10. (i) Derive linear demand function of biscuits on sales expenditure and estimate the sales for 2023 when sales expenditure increases to R$ 40 million. (iii) Which strategy will be effective to promote of sales of biscuits in 20232 Justify it by using the value of price and sales elasticities. 58 70 P.T.O.

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
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2.
Creates
market power in the
Illarket of Nepal. Suggest the role of NRB to prevent market
failure in this situation on the
Consider the following data for sales of biscuits produced in Nepal for 5 years.
a.
Year
2017
2018
2019
2020
2021
Price (Rs)
20apital
18
16
14
12
Sales expenditure
(Rs in million)
2626
be
10
PY 15
22
26
37
Sales of Biscuit
(1000 units)
30
2
40
52
58
70
Derive the trend line equation and forecast the sales of Biscuits for
no slow Vegular fintis 6
2022.
b. (1) Derive linear demand function of biscuits on price and estimate the
sales for 2023 when price decreases to Rs 10. (i) Derive linear
demand function of biscuits on sales expenditure and estimate the
sales for 2023 when sales expenditure increases to Rs 40 million. (iii)
Which strategy will be effective to promote of sales of biscuits in
20232 Justify it by using the value of price and sales elasticities.
P.T.O.
Transcribed Image Text:2. Creates market power in the Illarket of Nepal. Suggest the role of NRB to prevent market failure in this situation on the Consider the following data for sales of biscuits produced in Nepal for 5 years. a. Year 2017 2018 2019 2020 2021 Price (Rs) 20apital 18 16 14 12 Sales expenditure (Rs in million) 2626 be 10 PY 15 22 26 37 Sales of Biscuit (1000 units) 30 2 40 52 58 70 Derive the trend line equation and forecast the sales of Biscuits for no slow Vegular fintis 6 2022. b. (1) Derive linear demand function of biscuits on price and estimate the sales for 2023 when price decreases to Rs 10. (i) Derive linear demand function of biscuits on sales expenditure and estimate the sales for 2023 when sales expenditure increases to Rs 40 million. (iii) Which strategy will be effective to promote of sales of biscuits in 20232 Justify it by using the value of price and sales elasticities. P.T.O.
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