____________ refers to the quantity of a commodity made available for sale in market at a given price, time and place.

Demand

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Supply

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Value

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Price

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Solution

The correct option is B Supply

Supply is a fundamental economic concept that describes the total amount of a specific good or service that is available to consumers. Supply can relate to the amount available at a specific price. This relates closely to the demand for a good or service at a specific price; all else being equal, the supply provided by producers will rise if price rises because all firms look to maximize profits.

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