For the first time in two years, Big G (the cereal division of General Mills) raised cereal prices by 5 percent. If, as a result of this price increase, the volume of all cereal sold by Big G changed by -4 percent, what can you infer about the own price elasticity of demand for Big G cereal? It i: v (Click to select) inelastic Ca unit elastic ier revenues on sales of its Lucky Charms brand increased or decreased? elastic Yes - it decreased. O No - you can't tell. O Yes - it increased