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What is the difference between supply and quantity supplied?(1 point)


Supply is how much consumers are willing to buy; quantity supplied is how much is made available.


Supply deals with the decisions of consumers and quantity supplied deals with the decisions of a producer.


Supply and quantity supplied are the same.


Supply is the total amount of goods available; quantity supplied is how much is made available at each price level.

Sagot :

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Answer: Supply is the total amount of goods available; quantity supplied is how much is made available at each price level.

1. quantity supplied increases

2. Supply is the total amount of goods available; quantity supplied is how much is made available at each price level.

3. perfectly inelastic

4. an artist

5. Price and quantity supplied move in the same direction; as price decreases, quantity supplied decreases and as price increases, quantity supplied increases.

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