Hi all,
I have never come across a skewed issue like deriving optimal selling price. Can you explain why the Quantity demanded and Price forecasted does not generate profits with different levels of inputs?
Problem in excel file
Txs
ok, thanks for all your help and replies. I have sorted out the problem today and found out
Regression Cost function Y= a + b X forecasts total costs but they are not equal to MC=MR derived from demand curve equation MR=MC.
Also, found out that, Constants a, b from regression output will not give accurate results when used to define MR=MC function.
txs
Can download the excel answer
Subrahmanyam & Sivudu CA Firm
Hyderabad
CA Inter
View Details
Bharat Shah & Associates
Mumbai
CA Inter
View Details
Rohit KC Jain & Co
New Delhi
CA Inter
View Details
RBSM Corporate Advisors Private Limited
Pune
CA
View Details
Saini Pati Shah & Co LLP, Chartered Accountants
Mumbai
CA Foundation
View Details
Hema Yashwanth & Associates
Chennai
B.Com
View Details
CCI
Pro
CAclubindia
