Concept
Aggregate supply
Overview
In economics, aggregate supply (AS) or domestic final supply (DFS) is the total supply of goods and services that firms in a national economy plan on selling during a specific time period. It is the total amount of goods and services that firms are willing and able to sell at a given price level in an economy. Together with aggregate demand it serves as one of two components for the AD–AS model.
Overview adapted from Wikipedia (CC BY-SA 4.0; see the article history for authors).
Related ideas
Place in the tradition
Part of Liberalism.