A common misconception about supply is that
A)supply depends on many other variables.
B)price is a major determinant of quantity.
C)it is a fixed amount.
D)quantity cannot be determined in advance.
E)All of the above are correct.

Question

Quizplus · Accepted Answer

Supply is not a fixed amount and can vary depending on different factors such as input costs, technology, and market competition.

A Common Misconception About Supply Is That