Answer:the price elasticity of supply in this scenario is 2.
Explanation:
Price Elasticity of Supply = (% Change in Quantity Supplied) / (% Change in Price)
In this case, we are given that there is a 20% change in price, resulting in a 40% change in supply. Let's plug these values into the formula:
Price Elasticity of Supply = (40% / 20%) = 2
Therefore, the price elasticity of supply in this scenario is 2.