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Which of the following accurately describes the difference between supply and the quantity supplied?

A

They are the same.

B

The quantity supplied is the number of units supplied at a given price, while supply describes how quantity supplied changes with price.

C

The supply is the amount that producers intend to make, while the quantity supplied is the amount they actually end up making.

D

The supply is the most efficient production, while quantity supplied takes into account things like taxes and price ceilings.

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