Glossary

A glossary is a dictionary of terms specific to a certain subject. A biology textbook might have a glossary in the back, so you can quickly look up all those technical words.

Supply

Updated on 2023-08-29T11:58:30.456995Z

Supply is an economic concept depicting the total amount of goods (either a raw material or finished good) or services made available to customers.  

Supply is always measured along with demand. If supply is lower than the demand, price of the goods or services increases.