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ASSESSMENT
1. Distinguish What is the difference between
supply and quantity supplied?

User Origin
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1 Answer

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Answer:

Quantity supplied is a number while supply is a relationship

Step-by-step explanation:

Quantity supplied is the number of goods or services that businesses are willing to sell at a specific price at a particular time. It means that the quantity supplied is a figure.

Supply is an economic concept that represents the relationship between the price of a good or service and the quantity that producers are willing to make available. In other words, supply is the relationship between the quantity supplied and the price.

User Sorcy
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