pong Problem 03-04 (algo) Suppose the own prlce elestlclty of demand for good Xls 4, Its Income elestlcl?/ Is 3, Its advertlslng elastlclty Is 2, and the cross-prlce elestlcl?/ of demand between It and good Y Is -4_ Determlne how much the consumptlon ofthls good wlll change If: Instructlons: Enter your responses as percentages. Ifyou are enterlng e negatlve number. be sure to use a () slgn_ The prlce of good X decreases by 6 percent. percent b. The prlce of good Y Increases by 7 percent percent c. Advertlslng decreases by 4 percent. percent d. Income Increases by 3 percent percent