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Business Studies

Money Market

The supply of...

Question

The supply of a good refers to ______.

A

stock available for sale

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B

total stock in the warehouse

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C

actual production of the good

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D

quantity of the goods offered for sale at a particular price per unit of time

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Solution

The correct option is A quantity of the goods offered for sale at a particular price per unit of time
Supply of a good means a particular quantity of that good can be bought by the customers at a given price in that time period. Change in time, might change the quantity or price of the good.

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