An example of a nonlinear supply curve In economics, supply is the amount of a resource that firms, producers, labourers, providers of financial assets, or other economic agents are willing and able to provide to the marketplace or to an individual. Supply can be in produced goods, labour time, raw materials, or any other scarce or valuable object. Supply is often plotted graphically as a ...
The meaning of SUPPLY is the quantity or amount (as of a commodity) needed or available. How to use supply in a sentence.
Supply is a fundamental economic concept that describes the quantity of a good or service that producers are willing to offer to buyers in the marketplace. Supply can relate to the amount...
We have enough supply for a number of years ahead. And as a side effect, they helped build up a small supply of succinate. This happens from time to time when supplies come in, usually at night.
When economists talk about supply, they mean the amount of some good or service a producer is willing to supply at each price. Price is what the producer receives for selling one unit of a good or service.
Supply in economics refers to the number of units of goods or services a supplier is willing and able to bring to the market for a specific price. The law of supply explains the reaction of the supplier when the prices in the market change.
In microeconomics, supply and demand is an economic model of price determination in a market.
Definition of supply noun in Oxford Advanced Learner's Dictionary. Meaning, pronunciation, picture, example sentences, grammar, usage notes, synonyms and more.