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Question
What is an example of market supply?
Options
Bread kept in storage by one baker
Bread consumed by customers
Raw materials in a warehouse
Bread offered for sale by all bakers in a city at today’s price
MCQ
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Solution
Bread offered for sale by all bakers in a city at today’s price
Explanation:
Market supply means total supply from all sellers, showing the overall amount available at a given price.
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