Question

What does 'supply' mean in economics?

विकल्प

• The quantity producers are willing to sell at different prices

• The price buyers want to pay

• Only the amount produced, not sold

• The cost of production

Answer 1

The quantity producers are willing to sell at different prices

Explanation:

Supply is defined as the quantity of a commodity that producers are willing and able to offer for sale at different prices during a certain time period.​