Elasticity Analysis Assignment PU Pet Snacks Market Data Report a) What is the preferable price range at which to sell P U Pet Snacks? The PU Pet Snack Company's marketing department has estimated the following average boxes per week could be sold at the prices given below: m- Elasticity of Demand Type of Elasticity (Ed) $1.36 3090 $1.54 2550 $1.73 2010 $1.99 1340 $2.25 841 b) Further analysis indicated 3531 snacks would be sold at $1.22.Using that data, complete the table below: Price Quantity Ed Type $1.19 3620 N/A N/A $1.22 3531 c) PU Pet Snacks priced its product at $1.22. The marketing department noticed that the average household income of the Pet Snacks consumers increased from $15,100 to $15,780 over a one year period. During this time the average sales of Pet Snacks increased 179 boxes. Determine the income elasticity of PU Pet Snacks. Income Quantity Ey Type N/A N/Ad) During May, Milkbone brand increased its price from $2.00 to $2.25. The average weekly sales of PU Pet Snacks increased by 399 boxes. Determine the cross elasticity of PU Pet Snacks and Milkbone brand. Milkbone Price PU Quantity Ec Type N/A N/A