choose the best answer to fill in the blank: supply is the and the willingness to produce and sell specific quantities of a good or service at different prices in a specific time period, all things remaining the same.

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02-09-2022
Business

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choose the best answer to fill in the blank: supply is the and the willingness to produce and sell specific quantities of a good or service at different prices in a specific time period, all things remaining the same.

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Yogeshkumari Yogeshkumari · Answer 1 · 2022-09-08T12:22:33+02:00

Answer- ability.

Supply is the ability and the willingness to produce and sell specific quantities of a good or service at different prices in a specific time period, all things remaining the same.

What is supply..?

"Supply is known to be the amount of goods (products) and services which a producer is willing and able to supply to the market at various prices over a specified period of time. Thus, producers tend to produce and supply more goods (products) and services as the prices go higher in order to get more profits and revenue."

Thus the correct answer is ability.

To know more about supply click below

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