Quantity supplied is a term that refers to . Select the correct answer below: the total number of units of a good or service producers are willing to sell at a given price the total number of combinations of goods that someone can afford when all income is spent the total number of units of a good or service consumers are willing to purchase at a given price the relationship between a range of prices and the number of products offered at these prices

You are a team of marketing consultants. it is 2008 and the great recession has struck. one of your clients is whole foods market (sometimes known as whole paycheck). wfm has come to you and asked for strategic advice on how to adapt their product and pricing strategies in light of the economic downturn: 1. advise wfm on the various approaches that could be taken to reducing price. be sure to consider potential psychological impact of price reductions on wfm consumers. 2. based on the options outlined in part 1, recommend an approach and support with marketing theory.