Market supply is the summation of the quantities supplied by individuals, firms, states, or even nations at each price over a fixed time period. True
What is the market supply?
Consumer demand
The total quantity of a product that producers are willing and able to sell over a specific time period, such as one month, at various prices, is known as the market supply. A market supply curve, according to the industry, is the horizontal addition of the supply curves for every single firm. An industry's supply will migrate outward in response to the introduction of new companies, as well as in response to advancements in producer-accessible technology across the board.
The entire amount of an item or service that all producers are willing to offer within a specific time period at the current set of relative prices is known as the market supply. Unless otherwise specified, the term "Supply" must indicate Market Supply.
to know more about market supply
https://brainly.com/question/2094262
#SPJ4
