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Paper 1 · June 2009 · Demand and Supply

The quantity supplied is

Aa choice of alternative goods and services to be produced.
Bthe ability to produce the goods and services that are desired.
Cthe perfect knowledge of the opportunities available to suppliers.
Dthat both the supplier and consumer is a king.

Explanation

Quantity supplied refers to the ability to produce the goods and services that are desired, i.e. willingness and ability to supply.

ZIMSEC Economics Paper 1, June 2009, Q3

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