Quantity of a certain goods producers are willing to supply when receiving a certain price is known as ______.

Related MCQs

• Producers supply more at a higher price because selling more quantity at higher price increase revenue means what?
• Quantity of a product people are willing to buy at a certain price is known as ______.
• A point where the quantity of goods being supplied is exactly the same as the quantity of goods being demanded is known as _______
• Positive motivation makes people willing to do their work in the best way they can and improve their ________.
• The total demand for goods and services in an economy is known as
• The supply of a good refers to:
• Where is exchange of goods and services take place?
• ______ is defined as a continuous increase in the general level of prices for goods and services
• If the demand for a good is inelastic, an increase in its price will cause the total expenditure of the consumers of the good to:
• In which of the following market structure is the degree of control over the price of its product by a firm very large?