What is the difference between supply and quantity supplied?

Answer 1

The difference between supply and quantity supplied is as follows:

Supply refers to the entire range of potential quantities of a product or service that suppliers are willing and able to offer for sale at various possible prices, during a specific time period, assuming other factors remain constant.

Quantity supplied, on the other hand, refers to the actual amount of a product or service that suppliers are willing and able to offer for sale at a specific price and during a specific time period.

In simple terms, supply represents the entire relationship between price and quantity of a product, while quantity supplied refers to a specific point on that supply curve corresponding to a given price.