A schedule that shows the various amounts of a product which producers are willing and able to produce at each price in a series of possible prices during a specified period of time is called:

Question

Quizplus · Accepted Answer

The schedule described in the question is a representation of the concept of supply. Quantity supplied refers to the amount of a product that producers are willing and able to sell at a specific price, whereas supply refers to the entire range of quantities that producers are willing and able to sell at different prices. Therefore, the correct answer is C, supply.

A Schedule That Shows the Various Amounts of a Product