Question: Based on the information in the table below, what is the demand or market share (%) if the price of the product is $5.5? (The

Based on the information in the table below, what is the

Based on the information in the table below, what is the demand or market share (%) if the price of the product is $5.5? (The calculation process: 1 pts and the result 1 pts) Price Bracket % of Favorable % Demand (Market Share) $4.00 or less $4.01 to 5.00 $5.01 to 6.00 $6.01 to 7.00 $7.01 to 8.00 $8.01 to 9.00 $9.01 to 10.00 $10.01 to 11.00 $11.01 to 12.00 9.5% 8.4 % 14.9% 13.2% 12.7% 11.5% 10.6% 9.9 % 9.3 %

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