When does a change in demand influence the price more significantly than the quantity supplied?

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The supply's price elasticity equals +3The supply's price elasticity equals +0.2The supply's price elasticity equals +2The supply's price elasticity is infinite

Explanation

A change in demand impacts price more than quantity when the supply is relatively elastic but not perfectly elastic. Specifically, if the price elasticity of supply is +2, the price will adjust more in response to demand shifts compared to the quantity supplied.