Question

difference
between supply and quantity supplied​

Answer 1

Answer:

The difference between supply and quantity supplied

In short, supply refers to the curve, and quantity supplied refers to a specific point on the curve.

A change in quantity supplied is a movement along the supply curve in response to a change in price. A change in supply is a shift of the entire supply curve in response to something besides price.

Explanation:

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Answer 2

Difference between supply and quantity supplied​

• Supply, on the other hand, refers to the curve, and quantity provided, to a particular location on the curve.
• While "quantity supplied" only refers to one particular market price and amount of quantity, "supply" covers all potential market prices and quantities.
• The difference between quantity supplied and supply is that the latter refers to how much of an item or service a producer is willing and able to produce/sell at a certain price. Supply refers to the quantity of a good or service that is available.
• Demand is a buyer's willingness and ability to pay at a particular price. Supply, on the other hand, refers to the quantity that producers supply to their clients for a given price.
• Supply, on the other hand, refers to the curve, and quantity provided, to a particular location on the curve. A shift along the supply curve in response to a price adjustment is known as a change in quantity supplied.
• According to the law of supply, a higher price causes a higher supply while a lower price causes a lower supply.
• The quantity supplied is the amount of a product that a store intends to sell at a specific price. Typically, when specifying quantity supplied, a time period is also provided. For instance, 300 oranges are delivered each week at a price of 65 cents for each orange.

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