Find the best answers to your questions at Westonci.ca, where experts and enthusiasts provide accurate, reliable information. Our platform provides a seamless experience for finding reliable answers from a knowledgeable network of professionals. Get immediate and reliable solutions to your questions from a community of experienced professionals on our platform.

When the price of a good increased by 8 percent, the quantity demanded of it decreased 4 percent. The price elasticity of demand is __________. A price rise will __________ total revenue.