Bachanta Mexican (BM) has collected data on price ($ per burrito) and quantity (of burritos) sold over the last ten years. The firm has also collected data on the price ($ per slice of pizza) charged by Luciano's Pizza (LP) and the percentage change of growth in consumer income. The data are as follows below in the table:

a. Provide the values for , 1, and 2 that you would insert in Q = P_pp¹ P_cc².

b. Provide the price elasticity of demand.

c. Suppose you wanted to include the income growth variable in your model. What problem would you have to deal with if you wish to use the income growth data in the table? (If you are not sure, try including it in your regression.)

Year	Quantity	Price	Price CC	Income Growth
1	33,500	4.40	4.09	-1
2	92,600	4.79	3.56	3
3	32,400	4.08	4.15	1
4	81,700	3.47	4.18	0
5	144,800	2.06	4.33	2
6	114,300	3.74	3.58	1
7	156,600	3.11	3.75	4
8	158,000	2.29	3.95	0
9	58,100	3.24	4.39	3
10	135,000	2.10	4.45	4