Which statement is most likely correct about quantity supplied?

a. When economists refer to quantity supplied, they are referring to a certain point on the supply curve or a certain quantity on the supply schedule.
b. When economists refer to quantity supplied, they are referring to the relationship between a range of prices and the quantities supplied at those prices.
c. Quantity supplied does not change with price.

d. Quantity supplied will increase for one good when the quantity of the other good is increased.


a. When economists refer to quantity supplied, they are referring to a certain point on the supply curve or a certain quantity on the supply schedule.

Economics

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Economics