The quantity supplied of a particular good is the amount of the good that
A) households are willing to consume at each particular price.
B) firms will actually end up buying at a particular price during a given time period.
C) firms are willing to sell at each price during a particular time period.
D) households want firms to sell at each price during a particular time period.

Question

Quizplus · Accepted Answer

The quantity supplied refers to the amount of a particular good that firms are willing to sell at each price during a particular time period. It is a reflection of the supply curve, which shows the relationship between the price of a good and the quantity that firms are willing to sell.

The Quantity Supplied of a Particular Good Is the Amount