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Supply, quantity supplied, and PES

Supply, quantity supplied, and PES

Supply is the quantity of a good or service that producers are willing and able to sell at different prices over a given time period. Quantity supplied is the amount offered at one specific price.

1.2.5 Elasticity of supply Lesson

  1. A Level
  2. /Economics
  3. /1.2.5 Elasticity of supply