Question $46(1$ point$)$

If the own price elasticity of demand for a good is minus $2,$ and the supply of that good increases by $10\%,$ then we would expect $----$

price to go up by $5\%$

price to go down by $5\%$

price to go up by $10\%$ minus $2\%$

price to go down by $10\%$ minus $2\%$

none of these answers