Define supply

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Posted by Ashish Joshi 6 years, 11 months ago
- 4 answers
Yash Gupta 6 years, 11 months ago
Sakshi Sharma ??️??️??️ 6 years, 11 months ago
Gaurav Seth 6 years, 11 months 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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Nikhil Dwivedi 6 years, 11 months ago
0Thank You