uantX: Total number of liquid ounces sold for brand X QuantY: Total number of liquid ounces sold for brand Y PriceX: The retail price per liquid ounce for brand X in dollars PriceY: The retail price per liquid ounce for brand Y in dollars DealX: Indicator of whether brand X was price-promoted DealY: Indicator of whether brand Y was price-promoted FeatX: Indicator of whether brand X was advertised or put on in-store display FeatY: Indicator of whether brand Y was advertised or put on in-store display M1: lnQuantY = a0 + a1 lnPriceY + a2 lnPriceX + a3 FeatY + a4 DealY Coef. p lnPriceY -2.3 0.001 lnPriceX 0.56 0.009 FeatY 1.53 0.011 DealY 0.69 0.002 Constant 1.54 0.031 M2: QuantY = b0 + b1 PriceY + b2 FeatY + b3 DealY Coef. p PriceY -259385 0.03 FeatY 13691 0.021 DealY 16959 0.3005 Constant 10026 0.013 M3: QuantX = c0 + c1 PriceX + c2 FeatX + c3 DealX Coef. p PriceX -132563 0.034 FeatX 11642 0.001 DealX 13473 0.022 Constant 15322 0.015 12. Which one is NOT correct? Group of answer choices Demand for Y is elastic. The demand curve for Y will be relatively flat A price increase