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Economists Use the Term Supply to Refer to the Quantity

Question 161

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Economists use the term supply to refer to the quantity of a good that is supplied at various price levels, that is, a set of price and quantity-supplied combinations, everything else held constant.

Economists use the term supply to refer to the quantity of a good that is supplied at various price levels, that is, a set of price and quantity-supplied combinations, everything else held constant.

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