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  • 20-01-2021
  • Advanced Placement (AP)
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The availability of a commodity is reffered to as its

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tutorAnne
tutorAnne tutorAnne
  • 25-01-2021

Answer: Supply

Explanation:

Supply is the amount of goods and services manufacturers and producers are willing and able to make available to the market by selling at specific  prices.  

Ceteris paribus (all things being equal)  producers will be willing to make goods and services available for customers  if the price rises because all firms want  to make  profits. That is to say Price of a good or service  price is an important factor hat affect Supply.

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