The quantity of goods which the seller is ready to sell in a market at fixed price and time is called.............???
1. Supply...
2. Demand...
3. Elasticity of supply..
4. Elasticity of demand
Answers
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Answer:
(a) supply is right answer.
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The quantity of goods which the seller is ready to sell in a market at fixed price and time is called.............???
1. Supply...
2. Demand...
3. Elasticity of supply..
4. Elasticity of demand
The correct answer is :
supply
Explanation :
The quantity of goods which a seller is ready to sell at a certain price and time in the market is called supply. Supply refers to the quantity of goods in which a seller in the market is ready to sell those goods at a given price and time. Supply is the main element of a market. Supply and demand are both dependent on each other. If demand is high, supply will also be high, if demand is low, supply will be low.
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