Supply

What is Supply?

Supply is how much of a good or service producers are willing and able to offer for sale at a certain price. When the price of something goes up, producers usually want to supply more of it because they can make more money. When the price goes down, they might supply less.

Examples of Supply:

• A baker makes 50 loaves of bread every morning. Their supply of bread is 50 loaves.
• If the price of apples increases, apple farmers might decide to grow more apples next year, increasing the supply.
• A toy factory can produce 1000 toy cars a day. That's their daily supply.