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the maker of a leading brand of low calorie microwavable food estimated the following demand equation for its product using data from 26 supermarkets around the country for the month of April_Q= -5200-42P+20pX+5

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the maker of a leading brand of low calorie microwavable food estimated the following demand equation for its product using data from 26 supermarkets around the country for the month of April_Q= -5200-42P+20pX+5.2i+0.20A+0.25M(2002) (17.5) (6.2) (2.5) (0.09) (0.21)Assume the following values for the independent variables_Q= quantity sold per monthP(in cents)=price of the product =500Px(in cents)=price of leading competitors product =600i (in dollars)= per capita income of the standard metropolitan statistical area(SMSA) in which the supermarket is located =5500A(in dollars)=monthly.