Question: I need help with this question Q1: The following table shows average income of buyers, the price of good G, the price of good H,

I need help with this question

Q1: The following table shows average income of buyers, the price of good G, the price of good H, the quantity demanded (QD) of good G and the anti demanded of cod H for 5 riods. Use the information in the table to answer the following questions. % . Price of Price of Q\" of Q\" of Pemd Average Income Good G Good H Good G Good H 1 $40,000 $10 $12 4960 units 2360 units 2 $40,000 $8 $9 4820 units 2560 units 3 $48,000 $8 $12 5860 units 1800 units 4 $48,000 $8 $9 5620 units 2160 units 5 $48,000 $10 $9 5520 units 2320 units a) What does the cross-price elasticity of demand for good G equal (to 3 decimal places)? Show clearly how you arrived at your answer. If Fulton has to gure out how you arrived at your answer, marks will be deducted. 3 marks. b) What does the income elasticity of demand for good H equal (to 3 decimal places)? Show clearly how you arrived at your

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