Assume that the price of product Y decreases by 5% and thequantity supplied decr

Assume that the price of product Y decreases by 5% and thequantity supplied decreases by 2%. The coefficient of priceelasticity of supply for good Y is:A)negative and therefore Y is an inferior goodB)less than one and therefore supply is inelasticC)more than one and therefore supply is elasticD)negative and therefore the supply curve is downward sloping