What is the difference between supply and quantity supplied?(1 point)
Responses
a Supply deals with the decisions of consumers and quantity supplied deals with the decisions of a producer.
b Supply is how much consumers are willing to buy; quantity supplied is how much is made available.
c Supply and quantity supplied are the same.
d Supply is the total amount of goods available; quantity supplied is how much is made available at each price level.
1 answer
d Supply is the total amount of goods available; quantity supplied is how much is made available at each price level.