Answer to Question #199611 in Microeconomics for adi

Question

1. The following data of a firms demand for production is given for the period 2011-2015. By using the least square method find out the demand for firm’s production for the year 2016, 2017, 2018 and 2019.

 Demand (mln tns) Year

22 2011

25 2012

36 2013

42 2014

58 2015

Answer 1

Dear adi, your question requires a lot of work, which neither of our experts is ready to perform for free. We advise you to convert it to a fully qualified order and we will try to help you. Please click the link below to proceed: Submit order