[Solved] The price elasticity of demand for Stork ice cream is -4.Suppose you are told that following a price increase, quantity demanded fell by 10 per cent.What was the percentage change in price that brought about this change in quantity demanded? A)40 per cent B)25 per cent C)2)5 per cent D)0)4 per cent Advertising Expenses: Costs incurred in promoting products or services to potential customers through various media channels. Budgeted Production: An estimate of the quantity of goods or services that a company plans to produce within a specified period. Product XXX: This is a placeholder for an unspecified product, often used in examples or hypothetical scenarios. Units: Basic measures or quantities used in statistics or production that signify parts of a whole or individual items.