Question: Please solve this for me education.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fnewconnect.mheducation.com%252F#/activity/q ss Activity i Saved The table shows the average income of households and the quantity demanded of products M

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Please solve this for me education.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fnewconnect.mheducation.com%252F#/activity/q ss Activity i Saved The table

education.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fnewconnect.mheducation.com%252F#/activity/q ss Activity i Saved The table shows the average income of households and the quantity demanded of products M and N at different prices and levels of income. Year Average Income Price of M Quantity of M Price of N Quantity of N $54, 000 $2. 20 112 $21 840 54,000 2.60 100 21 54,000 810 2.60 88 32 52,000 790 2.60 104 32 800 a) What is the price elasticity of demand for product M between years 1 and 2? Round your answers to 2 decimal places. b) What is the price elasticity of demand for product N between years 2 and 3? Round your answers to 2 decimal places. c) What is the income elasticity of demand for product M between years 3 and 4? Round your answers to 2 decimal places. d) What is the income elasticity of demand for product N between years 3 and 4? Round your answers to 2 decimal places e) What is the cross-elasticity of demand of product M for a change in the price of product N between years 2 and 3? Round your answers to 2 decimal places and remember to enter a minus (-) sign to indicate negative values.

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