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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 in Economics | Definition, Concept Factors - Study. com Supply is the amount of an item that is available for use or purchase The definition of supply in economics is the amount of something that a producer or seller is willing and capable to
What is Supply? | Microeconomics - Lumen Learning In economic terminology, supply is not the same as quantity supplied When economists refer to supply, they mean the relationship between a range of prices and the quantities supplied at those prices, a relationship that can be illustrated with a supply curve or a supply schedule
Supply - Definition, Usage Examples, Graph Supply in economics refers to the number of units of goods or services a supplier is willing and able to bring to the market for a specific price The law of supply explains the reaction of the supplier when the prices in the market change
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 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