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Quantity Supplied
The quantity of a product or service that suppliers are prepared to offer for sale at a specific price within a defined timeframe.
Price Elasticity
The degree to which the quantity demanded of a product changes in response to a change in its price.
Production Process
The series of steps and operations involved in the creation of a product from raw materials to the finished goods.
Quantity Supplied
The amount of a good or service that producers are willing and able to sell at a given price over a specified period.
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