Introduction to Economics 1 Deneme Sınavı Sorusu #730934

Which of the following refers to the amount that the producers are willing and able to supply at every given prices?


Marginal cost

Effective supply

The law of supply

Quantity supplied

Determinants of supply


Yanıt Açıklaması:

The quantities that the producers are willing and able to supply at every given prices are called quantity supplied. The quantity supplied represents the number of units of a good that a firm would be willing and able to offer for sale at a particular price during a given period of time. The correct answer is E. 

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