TrickyEconomics

Help me on this one please? labor usage -3,7,9,11,17,17,20,24,26,28,30 output-1,2,3,5,8,10,15,18,22,21,23 a. does a cubic equation appear to be a suitable specification, given these data? You may construct a scatter diagram to help with this question. b.u...

Please help me on this one! You are planning to estimate a short-run production function for your firm, and you have the following data on labor usage and output: Labor Output 3 1 7 2 9 3 11 5 17 8 17 10 20 15 24 18 26 22 28 21 30 23 A- Does a cubic equat...

Are these accurate? 2)The manager of All City realtors wants to hire some real estate agents to specialize in selling housing units acquired by the Resolution Trust Commission (RTC) in its attempt to bail out the savings and loan industry. The commission...