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What supply means

What supply means

Supply is the quantity of a good or service that producers are willing and able to offer for sale at each possible price over a given time period, ceteris paribus. "Willing and able" matters because firms may want to sell more but lack staff, machinery, or inputs.

Supply Lesson

  1. A Level
  2. /Economics
  3. /Supply

Step-by-step lessons covering OCR A Level Economics Supply for A Level Economics. Each lesson works through exam-style questions in Component 01, Component 02 and Component 03 format. Start with the core supply-and-demand models before moving on to the more evaluation-heavy macroeconomic policy topics.