quantity supplied

Quantity Supplied

The number of goods or services available at a given price. In general, prices decline with greater supply, but this is not always the case.

quantity supplied

the amount of a PRODUCT (or FACTOR OF PRODUCTION) that suppliers offer for sale in a given time period. The quantity supplied of a product depends upon the product's own price, prices of factor inputs, the state of technology, etc. See SUPPLY FUNCTION, SUPPLY CURVE.