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what is the difference between supply and quantity supplied? (1 point) supply is how much consumers are willing to buy; quantity supplied is how much is made available. supply and quantity supplied are the same. supply is the total amount of goods available; quantity supplied is how much is made available at each price level. supply deals with the decisions of consumers and quantity supplied deals with the decisions of a producer
Supply refers to the entire relationship between the price of a good and the total quantity producers are willing to offer across all price levels (represented by the supply curve). Quantity supplied is a specific amount producers are willing to offer at a single, specific price point on that supply curve. The other options are incorrect: supply does not relate to consumer behavior, and supply and quantity supplied are not the same.
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Supply is the total amount of goods available; quantity supplied is how much is made available at each price level.