Supply refers to how much of a product or service is available for purchase at a given time.

Name: Supply refers to how much of a product or service is available for purchase at a given time.
Brand: Quizplus
Rating: 4.8 (56 reviews)

Question

Quizplus · Accepted Answer

This statement is true. Supply represents the amount of a particular product or service that is available to consumers at a specific time. It's a fundamental concept in economics because it influences prices, production, and demand.

Supply Refers to How Much of a Product or Service