using the cd data estimate a quadratic cost, Managerial Economics

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using the cd data estimate a quadratic cost

Using the CD data estimate a quadratic cost function. Test the hypothesis that there is diminishing marginal cost. Be sure to state what critical value you are using. Then, using the quadratic calculate, test the hypothesis that the number of CD's doesn't affect costs. (Do this by running two regressions, even though there's an simpler way to do it.)

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Managerial Economics: using the cd data estimate a quadratic cost

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