Question
In a market economy, what is supply?
goods and services that are offered by producers
goods and services that are offered by consumers
consumers who buy goods and services
producers who buy good and services
goods and services that are offered by producers
goods and services that are offered by consumers
consumers who buy goods and services
producers who buy good and services
Answers
GPT-4o mini
In a market economy, supply refers to **goods and services that are offered by producers**. It represents the quantity of a product that producers are willing and able to sell at various prices during a given time period.