For the first time in two years, Big G (the cereal division of General Mills) raised cereal prices by 3 percent. If, as a result of this price increase, the volume of all cereal sold by Big G changed by 6 percent, what can you infer about the own price elasticity of demand for Big G cereal? [Tis|(Click to select) v|. Can you predict whether revenues on sales of its Lucky Charms brand increased or decreased? O Yes - it increased. O Yes - it decreased. O No - you can't tell