1 1 . 1 . 2 . 1 3 . 1 . 4 . 1 Styles 13 . 1 14 . . 15 1 . 16 1 17 Question 5 The following are market data for product X. In addition, an economic growth of 5% in 2022 is projected. 2020 2019 $ of Good X $36 $26 Sale/Oty 400 350 Tax 10.00% 10.00% GDP per cap 67430 65110 $ of Good Z 200 153 # of storeX 30 25 A. Calculate PED and YED based on the table above, state the nature of its elasticity (4 marks) B. Given the result of elasticities above, what strategies can the company develop to improve its market position. (3 marks) C. Show a graphical representation of the tax burden between buyers and sellers based on the price elasticities of the product