Read the Superior Supermarket Case Study on pages 484-495 in our textbook and answer the questions below in essayformat. Your response should be a minimum of 500 words. You are required to use at least your textbook as sourcematerial. All sources used including the textbook must be referenced; paraphrased and quoted material must haveaccompanying citations using APA format.1. Describe Superior Supermarkets competitive interaction in Centralia.2. What pricing considerations should be considered by Superior Supermarket?3. How might Everyday Low Pricing (EDLP) affect Superior Supermarkets competitive situation inCentralia?4. What are the pros and cons of an EDLP strategy for Superior?5. How does EDLP impact Superior Supermarkets price elasticity?6. What action(s) would you propose for Superior Supermarkets?Unit VII