Hello, I have an ag economics question. At the moment, I answered the parts however I could, but I would love your input on the problem. I have provided an image of the question.

1. 0.0342

2. For every 1% change in the own price will change by 0.0342% in the same direction as the P change, CP.

3. Inelastic

4. Consumer expenditure will increase

Am I right????

Due to gasoline prices increasing by 23%, quantity demanded of gasoline has declined from 369,000,000 to 363,236,589 gallons per day. 1. Calculate the appropriate elasticity. 2. Interpret the elasticity. 3. Classify demand for gasoline. 4. What has happened to consumer expenditures for gasoline? All final answers must have four decimal places