answersLogoWhite

0

quantity supplied: amount a supplier is willing and able to supply at a certain price

User Avatar

Wiki User

14y ago

What else can I help you with?

Continue Learning about Economics

What is the amount that the supplier is willing to supply at a certain price?

The amount that a supplier is willing to supply at a certain price is known as the quantity supplied. This relationship is typically depicted in a supply schedule or curve, which shows that as prices increase, the quantity supplied generally increases as well. Factors such as production costs, technology, and market conditions can influence this willingness to supply at various price levels.


What is the amount of a good or service that consumers are willing to buy at a certain price?

supply


What is an amount producers are willing and able to sell at a given price?

Supply schedule or a supply.


Explain how labor market equilibrium is affected by the supply and demand of labor in a Monopolistic Competition?

The labor market will reach equilibrium as the amount of workers willing to work for a certain price equals the amount of workers employers are willing to hire for that wage. On a supply and demand curve the employees represent the suppl side while the employers represent the demand side


Explain briefly what is demand and supply curve?

Supply and demand is perhaps one of the most fundamental concepts of economics and it is the backbone of a market economy. Demand refers to how much quantity of a product or service is desired by buyers. The quantity demanded is the amount of a product people are willing to buy at a certain price; the relationship between price and quantity demanded is known as the demand relationship. Supply represents how much the market can offer. The quantity supplied refers to the amount of a certain good producers are willing to supply when receiving a certain price. The correlation between price and how much of a good or service is supplied to the market is known as the supply relationship. Price, therefore, is a reflection of supply and demand.

Related Questions

What is the amount that the supplier is willing to supply at a certain price?

The amount that a supplier is willing to supply at a certain price is known as the quantity supplied. This relationship is typically depicted in a supply schedule or curve, which shows that as prices increase, the quantity supplied generally increases as well. Factors such as production costs, technology, and market conditions can influence this willingness to supply at various price levels.


What is the amount of a good or service that consumers are willing to buy at a certain price?

supply


What is the difference between supply and quantity supplied?

Supply is the amount of a product offered for sale at all possible prices that can succeed in a market; while quantity supplied is the amount that producers are willing and able to supply are a certain price.


What is an amount producers are willing and able to sell at a given price?

Supply schedule or a supply.


Explain how labor market equilibrium is affected by the supply and demand of labor in a Monopolistic Competition?

The labor market will reach equilibrium as the amount of workers willing to work for a certain price equals the amount of workers employers are willing to hire for that wage. On a supply and demand curve the employees represent the suppl side while the employers represent the demand side


What is maximun demand?

Maximum demand is the largest amount of demand a supplier can supply without running out of supplies.


Explain briefly what is demand and supply curve?

Supply and demand is perhaps one of the most fundamental concepts of economics and it is the backbone of a market economy. Demand refers to how much quantity of a product or service is desired by buyers. The quantity demanded is the amount of a product people are willing to buy at a certain price; the relationship between price and quantity demanded is known as the demand relationship. Supply represents how much the market can offer. The quantity supplied refers to the amount of a certain good producers are willing to supply when receiving a certain price. The correlation between price and how much of a good or service is supplied to the market is known as the supply relationship. Price, therefore, is a reflection of supply and demand.


Supply schedule or a supply curve is an amount producers are willing and able to sell at a given price. True or False?

True


What is the term that describes when the amount of goods produced is about the same as the number of consumed who are willing to buy the product?

Supply


What is the amount a physician or supplier bills for a particular service or supply?

The amount a physician or supplier bills for a particular service or supply is known as the "charged amount" or "billed amount." This figure reflects the provider's standard fees for the service or item before any discounts, negotiations, or adjustments that may be applied by insurance companies or payers. It can vary widely based on factors such as geographic location, the provider's pricing policies, and the complexity of the service rendered.


What are the supply challenges of perodua company?

the supply challenges of produa is base on supplier capacity and supplier quality product,these are the challenges that perodua facing.


What is supply chain engineering?

Supply Chain Engineering is to make and execute supply chain processes.ANDTo make a schematic plan from supplier's supplier to the customer's customer and manage / execute the plan.