The supply function indicates the quantity of product that producers produce at different prices.


The supply for bananas follows the equation: `Q_s = 3 + 2P`.

If bananas are sold for $3, the quantity supplied is `Q_s = 3 + 2 \times 3 = 9` bananas.


This question is available to anyone who signs up.

Answers are exclusive content! To access Ace Micro's questions and answers, you will have to sign up first.