Question

Which term describes the seller's ability and desire to sell goods and services? A. supply B. demand C. equilibrium

Answer 1

Answer:

A. supply

Step-by-step explanation:

The term that best describes the seller's ability and desire to sell goods and services out of given options is supply.

Buyer's willingness to buy a certain good at a certain price is defined as demand by most economists.

where as the seller's willingness to provide a certain good or service at a certain price is defined as supply by most economists. Supply does not merely means amount of goods supplied rather, for economists supply is a relationship between set of assigned prices and the amount of goods assigned to be sold at those prices.

hence the term that best describes the seller's ability and desire to sell goods and services out of given options is supply !