If the price elasticity of supply of a good is 2, a 200% increase in the price of the good, will change the quantity supplied by:

If the price elasticity of supply of a good is 2, a 200% increase in the price of the good, will change the quantity supplied by:

If the price elasticity of supply of a good is 2, a 200% increase in the price of the good, will change the quantity supplied by:





a.400%.
b.50%.
c.200%.
d.100%.




Answer: A