Please help with following question    Suppose the own price elasticity of demand for good X is -4, its income elasticity is 2, its advertising elasticity is 3, and the cross price elasticity of demand between it and good Y is -6.  Determine how much the consumption of this good will change if: The price of good X increases by 10%. The price of good Y decreases by 5%. Advertising increases by 14%. Income decreases by 8%. thanks

Problem four a) You have the following information for your product: • The price elasticity of demand is -0.9. The income elasticity of demand is 0.5. 1 https://www.myjoyonline.com/our-research-shows-24-drop-in-mobile-money-transactions-after-e-levy- introduction-john-kumah/ 3 The cross-price elasticity of demand between your good and a related good is 2.0. What can you determine about consumer demand for your product from this information? b) The price elasticity of demand for urban transit fares has been estimated to lie between -0.1 and -0.6. Based on these results, what is the economic argument for raising transit fares? What political arguments might local governments and transit authorities encounter in opposition to these economic arguments?

Find the point elasticity of the demand equation p=mq+b where m<0 and b>0. Where is the point with unit elasticity?

Suppose the cross-price elasticity of demand between goods X and Y is −3. How much would the price of good Y have to change in order to change the consumption of good X by 30 percent?