The quantity supplied of a good or service is the quantity that a producer ________ at a particular price during a given time period.

Question

Quizplus · Accepted Answer

The quantity supplied refers to the amount of a good or service that a producer is willing to sell at a specific price during a certain time period. This is based on their willingness and capacity to produce, not necessarily on what they actually sell, need, or should sell.

The Quantity Supplied of a Good or Service Is the Quantity