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3. A producer of outdoor clothing used a focus group to obtain information about the demand for fleece jackets with built in, battery operated warming

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3. A producer of outdoor clothing used a focus group to obtain information about the demand for fleece jackets with built in, battery operated warming panels. (5 points) Prices Demand Data from focus group 100 90 80 70 60 50 23 31 40 44 48 60 Plot the data and then use the Excel Trendline option to estimate a linear demand function Given the estimated demand function, what should be an optimal price point for the producer? A mathematical answer is preferred! It does not have to be a number, it can be a price zone too

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