Economics (AS & A Level) · May / June 2026 · Paper 14 · Question 6

A good has a price elasticity of supply of 2.0. The current quantity supplied is 300 units per week at a market price of $20 per unit. The firm raises the price to $25 per unit. What will the new quantity supplied be per week?

1. A150 units
2. B375 units
3. C400 units
4. D450 units

As printed in the paper