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Define supply

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Define supply

Posted by Ashish Joshi 7 years ago

CBSE > Class 11 > Economics

4 answers

Nikhil Dwivedi 6 years, 11 months ago

To study the behaviour of producer economist has developed the theory of supply.

Yash Gupta 7 years ago

Suppply refers to the qty supplied of a commodity that a producer is qilling to sell at a given period of time at a particular price

Sakshi Sharma ??️??️??️ 7 years ago

Supply refers to quantity of a commodity that a firm is willing and able to offer for sale at a given price during a given period of time. ☺️ ☺️ ☺️

Gaurav Seth 7 years ago

Supply refers to the amount of a good or service that the producers/providers are willing and able to offer to the market at various prices during a period of time. There are two important aspects of supply:

Supply refers to what is offered for sale and not what is finally sold.
Supply is a flow. Hence, it is a certain quantity per day or week or month, etc.

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