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In this question, you'll have to solve for price elasticity of demand using the percent change formula. When the old price of a food package was $6.68 per package, the old quantity was 1,001 packages were sold each day. After the price increased to the new price $11.19 per package, sales dropped to a new quantity of 363 packages per day. Using these numbers, what is the price elasticity of demand for food packages? Round your answer to 3 decimal places.In this question, you'll deal with two goods, and you'll have to solve for cross-price elasticity using the percent change formula. When the old price of a file cabinet was $1,376 per cabinet, an old quantity of 228 desks were sold. After the price decreased to a new price of $941 per file cabinet, a new quantity of 447 desks were sold. Using these numbers, what is the cross-price elasticity of file cabinets for desks? Round your answer to 3 decimal places