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1.3.3 The determinants of the supply of goods and services

What must producers have for an amount to count as supply?

A

Quantity producers are able but unwilling to sell at a given price over a given period, ceteris paribus.

B

Quantity producers are willing and able to sell at a given price over a given period, ceteris paribus.

C

Quantity producers are willing but unable to sell at a given price over a given period, ceteris paribus.

D

Quantity consumers are willing and able to buy at a given price over a given period, ceteris paribus.

1.3.3 The determinants of the supply of goods and services Flashcards

  1. A Level
  2. /Economics
  3. /1.3.3 The determinants of the supply of goods and services

Flashcards for AQA A Level Economics 1.3.3 The determinants of the supply of goods and services, covering the key terms, economic models and case studies you need to recall for Paper 1, Paper 2 and Paper 3. 25 cards, matched to the AQA A Level Economics (7136) specification.