The correct definition of supply in an economy is the ability to provide and willingness to sell. Supply refers to the amount of a good or service that producers are willing and able to sell at a given price over a certain period of time.
What is the definition of supply in an economy?
the amount of a resource that is available
the ability to provide and willingness to sell
the amount of a resource that people want to buy
the ability of a worker to afford goods and services
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