offert on Microeconomics

If a company offers a good or service means that the undertaking:

a) has the technology and resources to produce it.
b) You can make a profit by producing it.
c) has developed a strategic plan to produce and sell it.


For Parkin and Loria (2010) offer are the amounts of goods and services that producers will provide at various prices at a given time.
b) Manpower.

The labor force to produce goods and services.
a) Optimal combination of resources.

It refers to both costs and labor are in a balancing factor in the market, to produce and offer a good price.

The factors that determine the offer are:

When the price of goods and services increases, the quantity thereof; when the price falls, so does the amount offered, this is called the law of supply (Campbell and Stanley, 2007).