QUESTION 37 A price elasticity coefficient of 4 for Exxon gasoline indicates: O A 10 percent increase in price would incruase sales by 4% ObA 10 percent increase in price would decrease sales by 40%...

Extracted text: QUESTION 37 A price elasticity coefficient of 4 for Exxon gasoline indicates: O A 10 percent increase in price would incruase sales by 4% ObA 10 percent increase in price would decrease sales by 40% OCA 10 percent increase in price would decrease sales by 4% Oda 10 percent increase in price would increase sales by d0% QUESTION 38 A cross price elasticity coefficient of(-2) between products and y indicates OPAS percent increase in the price of y would decrease the sales of by 10 percent. DAS pertent increase in the price of y would increase the sales ofby 10 percent OLAS parcent increase in the price ofywould decrease the sales of by 2 percent AS percent increase in the price of ywould increase the sales ofby 2 percent