The Decision by Firms of the Quantity of Output to Supply

question 23

Multiple Choice

The decision by firms of the quantity of output to supply is based on

• A) techniques of production available.
• B) the price of output.
• C) the price of inputs.
• D) government oversight.

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Definitions:

E-commerce Website

An online platform that allows businesses to sell goods and services over the internet.

Secure Connection

A means of communication over the internet that is encrypted and protected from interception.

"https"

A protocol for secure communication over the internet, encrypting data to protect it from interception or tampering.

Lock Icon

A symbol or pictogram displayed on digital interfaces to indicate that a system, device, or content is secured or encrypted.