Which of the following best defines quantity supplied?
A) the amount of a good sellers would choose to produce,in a given set of circumstances
B) the amount of a good sellers will be able to sell,in a given set of circumstances
C) the various amounts of a good sellers would like to sell over various sets of circumstances
D) the amount of a good sellers would like to sell if they could choose the price for which it sold
E) the amount of a good that sellers would be able to sell if they could choose the price for which it sold

Question

Quizplus · Accepted Answer

Quantity supplied refers to the specific amount of a good that sellers are willing and able to produce and sell at a given price, under a given set of circumstances.

Which of the Following Best Defines Quantity Supplied