The table below shows the maximum wiliness-to-pay (WTP e.g. demand) for eight different items and meals for each month shown separately for retail (grocery) and food service (restaurant, away-from-home) channels.

Assume these WTP figures are estimated as an index relative to January 2021 (base period).

a. (10pts) If the food service WTP index for pork chop meals in April 2021 was 120.94, what does this imply about the food service demand for pork chop meals?

b. (10pts) If the retail WTP index for ground beef in June 2021 was 42.25, what does this imply about retail demand for ground beef?

c. (15pts) If the retail WTP index for ribeye steak January 2021 was 95.94, what does this imply about the retail demand for ribeye steak?