quiz\nquestion 7 of 10\nin a market economy, what is supply?\ngoods and services that are offered by…
quiz\nquestion 7 of 10\nin a market economy, what is supply?\ngoods and services that are offered by producers\ngoods and services that are offered by consumers\nconsumers who buy goods and services\nproducers who buy goods and services\nsubmit\ncontinue
Answer
Brief Explanations:
In a market - economy, supply refers to the goods and services that producers offer for sale. Consumers are the ones who demand goods and services, not supply them. Producers supply, not buy goods and services in the context of supply definition.
Answer:
Goods and services that are offered by producers