Bob's Underground, a limited liability corporation specializing in new rap artists (B. LLC, rap) has the following demand function: Q = a + 123 +...

I need help with the below question please. A through F

4. Bob’s Underground, a limited liability corporation specializing in new rap artists (B.U. LLC, rap)has the following demand function:Q = a + 123 + clad + £13. where Q is the quantity demanded of the most popular product B.U. sells, P is the price of thatproduct, M is income, and R is the price of a related product. The regression results are: %Inter-tent 2193.39 95.935 25 239 1.99E-22P «1.39 1.945 41.192 9.999215M 9.9939 9.99132 2999 L10052241R —2.53 1.319 -1.932 [1052216 a. Discuss whether you think these regression results will generate good sales estimates for B.U. LLC, rap. Now assume that the income is $5?,fiflfl, the price of the related good is $15, and EU. chooses to set the priceof its product at $1 3.5(1 What is the estimated number of units sold given the data above? {round to nearest unit; no decimals}What are the values for the own-price, income, and cross-price elasticities? If P increases by 4%, what would happen (in percentage terms) to quantity demanded?If M increases by 3%, what would happen (in percentage terms) to quantity demanded? If R decreases by 5%, what would happen {in percentage terms) to quantity demanded'i'l rues-99'