What is supply?

Supply refers to the quantity of a particular good or service that producers are willing and able to offer for sale at a given price and within a specific time period. It represents the relationship between the price of a product and the quantity that producers are willing and able to provide to the market. Supply is influenced by various factors such as the cost of production, technology, resource availability, and producer expectations. It is typically depicted on a supply curve, which shows the quantity supplied at different price levels.