The supply of goods means ___________.

quantity offered for sale at a given price and time

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quantity produced by the manufacturer

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quantity available with the supplier

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quantity likely to be produced

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Solution

The correct option is A quantity offered for sale at a given price and time
Solution:
Quantity supplied is the amount of a good that sellers are willing to sell and are able to sell. Willingness is generally a function of price. If the price a seller can obtain for a good supplied exceeds its costs to produce, a seller will usually provide it.
hence the correct option: A

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Similar questions

Q. Supply is the quantity of goods and services readily available for sale in the market at a given price. Supply is decided by ____.

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

Q. The supply is said to be ______, when a change in price produces no change in the quantity supplied of a commodity.

A ___ offering is a complete offer for a product or service, having certain features like size, quality, taste, etc at a certain price, available at a given outlet or location.

Q. Price elasticity of supply of a good is

2

. A producer supplies

100

units of a good at a price of

R s . 20

per unit. At what price will he supply

80

units?

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