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Investments glossary

Quantity Supplied


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Quotes of the day:

Stay beautiful stay off drugs -Johnny Wowk AKA Johnny The Walker

— Johnny Wowk

In economics, quantity supplied describes the amount of goods or services that are supplied at a given market price. How supply changes in response to changes in prices is called the price elasticity of supply. The quantity supplied depends on the price level, and the price can be set by either a governing body by using price ceilings or floors or by regular market forces.


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