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Question

______ is the quantity of a good that a seller is prepared to sell at the given price.

A
Demand
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B
Supply
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C
Capital
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D
Debt
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Solution

The correct option is B Supply
Supply is the quantity of a good that a seller is prepared to sell at the given price. For example, a seller has 50 chocolates in his warehouse. He sells 10 units of chocolate at ₹10 each. So, the supply would be 10 units.

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