50 points question................................
what is meant by supply? In short
Answers
supply in term of economics is one of the most important part of economics (business man) it give idea about goods and services to the consumer .
in simply we express it by
suppose a person open a mobile soap and a buyer came in his soap and wanted to know about the sat of different mobile
seller will explain its features and quality and it's demand in market .
a smart buyer will see the supply of different set which is open way to search because according to act seller must have to share the material used in making goods it's feature as well as it's it's demand
so it is easier for buyer to guess the features is well that's why it's demand increased and for saller they increase its price if demand more and supply is less because avibality of goods is less in market
To supply means to make something available to somebody, a company, or other entity. The entity needs or wants that thing. If I supply somebody with something I provide them with it.
Long-term
Often, the verb refers to something that happens over a long time (not always). Let’s imagine that somebody says: “That power plant supplies the town with electricity.” They are talking about making electricity available to businesses and residents of the town over the long term.
Take over
The verb may also mean to take over, as in “When Harry died, nobody could supply his place.” However, its use with this meaning was more common in the past than today.
Stock
The noun means an amount or stock of something that is available for use. That stock has been supplied.
A mother, for example, may take a large supply of diapers (UK: nappies) with her when she goes on vacation with her baby. This means a large amount that is available for use.
Substitute
The noun may also mean ‘substitute’ or ‘temporary.’ For example, a supply teacher is a temporary teacher who substitutes a teacher who is away or ill.
Provisions
The plural form of the noun, i.e., ‘supplies,’ may mean ‘provisions.’ If I am low on supplies, it usually means that I don’t have much food available.
In this sense, the term may also refer to medication, as in: “The refugee center is low on medical supplies.”