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Supply is the amount of a good or service that producers are willing and able to provide at various prices during a specified time.

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Answer:

True that is the correct definition of supply. Demand is what the name suggest it Is the demand or need for a material or merchandise. Supply is the ability to meet the demand or the defintion you just described. Supply and demand is what makes things that should be cheap expensive and the expensive things cheap.

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User Akos Krivachy
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