
Answer:
The answer is option D. the percentage change in quantity supplied divided by the percentage change in price.
Explanation:
Price elasticity of supply is the degree of responsiveness of quantity  supplied to changes in price of that same commodity. Â
Price elasticity of supply can be elastic, inelastic, perfectly elastic, perfectly inelastic.
Price elasticity of supply can be calculated by the formula below:
%Δin Quantity supplied Ă·  %Δin price Â