What is the Supply?
The supply is the amount that sellers are willing and able to pay at different prices. The price is positively related to the quantity asked for the good. The supply curve is a graph of the relationship between the price of a good and the quantity supplied.
GG
Related Business Studies A Level answers
All answers ▸Assess the consequences to a business, such as spirit airlines of selling tickets online
Analyse the benefits for a national firm of a government adopting protectionist trade policies?
Analyse the benefits of adopting a flow production system
Evaluate the usefulness of published accounting information to stakeholder groups of Tesco (usually it would be 2 advantage and 2 disadvantage)