Question

Which best describes what happens to the amount of a good or service that is supplied to consumers?

The amount of a good or service can change.
The amount of a good or service always remains the same.
The amount of a good cannot change.
The amount of a service cannot change.

Answer 1

The amount of a good or service can change.

(Supply can increase or decrease in response to factors like price, production costs, technology, and input availability.)