If the elasticity of supply is [ Select ] ["equal to zero", "positive", "negative"] and [ Select ] ["equal to", "less than", "greater than"] one, supply is inelastic. Firms will [ Select ] ["decrease", "not alter", "increase"] their production of Good X when the price of Good X increases. In particular, the percentage change in quantity supplied is [ Select ] ["larger than", "equal to", "smaller than"] the percentage change in price.