14 - 22 24 26 1000 2000 3000 4000 CUMPROD UNITCOST Figure...

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Chapter 2, Exercise Solutions, Principles of Econometrics, 3e 14 EXERCISE 2.9 (a) Plots of t UNITCOST against t CUMPROD and ( ) ln t UNITCOST against () ln t CUMPROD appear in Figure xr2.9(a) & (b). The two plots are quite similar in nature. 16 18 20
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Unformatted text preview: 22 24 26 1000 2000 3000 4000 CUMPROD UNITCOST Figure xr2.9(a) The learning curve data 2.7 2.8 2.9 3.0 3.1 3.2 3.3 7.0 7.2 7.4 7.6 7.8 8.0 8.2 ln(CUMPROD) ln(UNITCOST) Figure xr2.9(b) Learning curve data with logs...
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This note was uploaded on 11/23/2011 for the course ECON MPBE taught by Professor Jansveceny during the Spring '11 term at Metropolitní Univerzita Praha.

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