Question: The table below shows the average sales (as number sold per day) at grocery store of Product A based on its prices and the prices

The table below shows the average sales (as number sold per day) at grocery store of Product A based on its prices and the prices of a competitors Product B, where the two competing products and their respective prices are displayed next to each other, S=S(A,B).

The table below shows the average sales (as number sold per day)

  1. Use the table to estimate the rate of change in average sales of Product A with respect to the price of Product B. Explain how you arrived at your estimate.
  2. Explain why you could not estimate the rate of change in average sales of Product A with respect to the price of Product A as easily as you estimated the rate of change in problem 1) .
  3. In order to estimate the average sales of Product A when the price of Product A is $2.90 and the price of Product B is $3.90, which variable should be held constant? Why?
  4. Will the cross-section needed to estimate the average sales in problem 3) be represented by a row or column? Why?

The table has issues showing up so here it is typed. Please help ASAP.

A = $2.75

A = $3.00

A = $3.25

A = $3.50

A = $3.75

B = $2.90

107

93

73

48

15

B = $3.15

156

142

122

97

64

B = $3.40

205

191

171

146

113

B = $3.65

254

240

220

195

162

B = $3.90

303

289

269

244

211

store of Product A based on its prices and the prices of a competitor's Product B, where the two competing products and their respective prices are displayed next to each other, SES(A,B). + 48 A= $2.75 A= $3.00 A = $3.25 A = $3.50 A = $3.75 B=$2.90 107 93 73 15 B= $3.15 156 142 122 97 64 B=$3.40 205 191 171 146 113 B=$3.65 254 240 220 195 162 B = $3.90 303 289 269 244 211 1) Use the table to estimate the rate of change in average sales of Product A with respect to the price of Product B. Explain how you arrived at your estimate store of Product A based on its prices and the prices of a competitor's Product B, where the two competing products and their respective prices are displayed next to each other, SES(A,B). + 48 A= $2.75 A= $3.00 A = $3.25 A = $3.50 A = $3.75 B=$2.90 107 93 73 15 B= $3.15 156 142 122 97 64 B=$3.40 205 191 171 146 113 B=$3.65 254 240 220 195 162 B = $3.90 303 289 269 244 211 1) Use the table to estimate the rate of change in average sales of Product A with respect to the price of Product B. Explain how you arrived at your estimate

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