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