WORLD HISTORY

HISTORY

THE INDUSTRIAL REVOLUTION

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
What is the total amount of a good or service available for purchase?
A
supply
B
demand
C
sales
D
inventory
Explanation: 

Detailed explanation-1: -The quantity supplied is the amount of a good or service that is made available for sale at a given price point. In a free market, higher prices tend to lead to a higher quantity supplied and vice versa.

Detailed explanation-2: -Aggregate Supply is the total quantity of all goods and services produced in an economy at all possible price levels at a given time.

There is 1 question to complete.