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Supply: Definition, Calculation, and Factors Impacting It Supply is a fundamental economic concept that describes the quantity of a good or service that producers are willing to offer to buyers in the marketplace Supply can relate to the amount
SUPPLY | English meaning - Cambridge Dictionary Electrical power is supplied by underground cables supply something to someone Three people have been arrested for supplying arms to the terrorists The company has supplied the royal family (= provided them with something they need) for years
Supply - Meaning, Explained, Examples, Vs Quantity Supplied Supply refers to the total quantity of goods or services made available to customers at a specific price point and a particular point in time It plays a crucial role in determining the price of goods High supply often leads to low demand, while low supply can create high demand
SUPPLY definition and meaning | Collins English Dictionary You can use supplies to refer to food, equipment, and other essential things that people need, especially when these are provided in large quantities What happens when food and gasoline supplies run low? The country's only supplies are those it can import by lorry from Vietnam
SUPPLY | definition in the Cambridge English Dictionary Electrical power is supplied by underground cables supply something to someoneThree people have been arrested for supplying arms to the terrorists The company has supplied the royal family (= provided them with something they need) for years
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What Is Supply? Definition, Determinants, Types, Function In economics, supply refers to the quantity of a product available in the market for sale at a specified price and time In other words, supply can be defined as the willingness of a seller to sell the specified quantity of a product within a particular price and time period