Supply:

Firms make decisions about how many goods and services to supply to the market. They are variously known as suppliers, sellers, producers, businesses or enterprises. They make their decisions with respect to some set goals or objectives the key one of which is earning as much profit as possible (profit maximization).

Definition of Supply

Supply is the maximum quantity of a commodity that firms will offer for sale at a given market price within a specified time period when all other supply factors remain unchanged. Simply put, it is a set of prices with a corresponding set or quantities that firm would offer for sale at a given time and when all other supply factors remain unchanged.