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Economics

What is the difference between 'quantity supplied' and 'supply'?

There is a distinction among supply and quantity supplied. Supply explains the behavior of sellers at every price. At a particular price, there is a particular quantity supplied. The term 'quantity supplied' makes sense only in relation to a exacting price.

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Macroeconomics, Economics

Category:- Macroeconomics
Reference No.:- M9574855

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