Question

What do you mean by the supply of goods?

• A. Stock available for sale
• B. Total stock in the warehouse
• C. The actual production of the goods
• D. Quantity of the goods offered for sale at a particular price per unit of time

Answer 1

Answer:

D. Quantity of the goods offered for sale at a particular price per unit of time

• The "supply of goods" refers to the quantity of goods that are available for sale to consumers at a particular price and time.

• It essentially means the total amount of a product that producers are willing and able to offer in the market.