The table shows the average income of households and the quantity demanded of products M and N at different prices and levels of income. | Year | Average Income | Price of M | Quantity of M| Price of N | Quantity of N $2.20 54,000 | 4 | 62,000 | 2.60 | 1e4 | 32 | 80 | a) What is the price elasticity of demand for product M between years 1 and 2? Round your answers to 2 decimal places. b) What is the price elasticity of demand for product N between years 2 and 3?7 Round your answers to 2 decimal places. ) What is the income elasticity of demand for product M between years 3 and 4? Round your answers to 2 decimal places. d) What is the income elasticity of demand for product N between years 3 and 4? Round your answers to 2 decimal places. e) What is the cross-elasticity of demand of product M for a change in the price of product N between years 2 and 3? Round your answers to 2 decimal places and remember to enter a minus (-) sign to indicate negative values. [ ]