Suppose the own price elasticity of demand for goodXis -4, its income elasticity is 3, its advertising elasticity is 2, and the cross-price elasticity of demand between it and goodYis -4. Determine how much the consumption of this good will change if:

Suppose the own price elasticity of demand for good X is -4, its income elasticity is 3, its advertising elasticity is 2, and the cross-price elasticity of demand between it and good Yis -4. Determine how much the consumption of this good will change if: Instructions: Enter your responses as percentages. Include a minus (-) sign for all negative answers. a. The price of good X decreases by 6 percent. |:| percent b. The price of good Yincreases by 7 percent. |:| percent c. Advertising decreases by 4 percent. percent CI. Income increases by 3 percent. percent