What is the Supply?

The supply is the amount that sellers are willing and able to pay at different prices. The price is positively related to the quantity asked for the good. The supply curve is a graph of the relationship between the price of a good and the quantity supplied. 

Related Business Studies A Level answers

All answers ▸

What is product diversification?


What is the marketing mix?


How should a business market a product that has price-inelastic demand and a high income elasticity of demand? (9 marks)


The managers of a multi product business want to achieve a steady growth In sales. To what extent will an understanding of product life cycle help them make effective marketing decisions?


We're here to help

contact us iconContact usWhatsapp logoMessage us on Whatsapptelephone icon+44 (0) 203 773 6020
Facebook logoInstagram logoLinkedIn logo
Cookie Preferences