The amount of a product or service that is available for purchase at any given time is called ________.

Question

Quizplus · Accepted Answer

Supply refers to the amount of a product or service that is available for purchase at any given time. Commodity refers to a raw material or primary agricultural product that can be bought and sold, while surplus refers to an excess of supply over demand. Demand refers to the desire or willingness of consumers to buy a particular product or service at a given price.

The Amount of a Product or Service That Is Available