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Can anyone can solve these two problems

1. We get the following regression equation after fitting a linear trend to XYZ company for year 1990 to 2010.

St = 105.3(1.464)^t

Consider 1990 as base year and calculate the forecast for year 2011 and 2015.

2. FIND PROFIT MAXIMIZATION OUTPUT

TC=360, 150+4Q+0.0003Q^2 and

TR = 35Q

We get the following regression equation after fitting a linear trend to XYZ company for year 1990 to 2010.

St = 105.3(1.464)^t

Consider 1990 as base year and calculate the forecast for year 2011 and 2015.

Solution

t = 2011-1990=21

S21 = 105.3(1.464)^21

S21 = 105.3(2994.76)

S21 = 315,348.65

t = 2015-1990=25

S25 = 105.3(1.464)^25

S25 = 105.3(13757.1)

S25 = 1,448,622.71

Thank you Sir.

How about other question

FIND PROFIT MAXIMIZATION OUTPUT

TC=360, 150+4Q+0.0003Q^2 and

TR = 35Q

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