Question $8$

$2$ pts

Mr$.$ Pope wants to be a supplier of milk to make profit. But he currently does not own any dairy farm, has currently no knowledge of how to operate a dairy farm, and has no financial ability to acquire or build, own and operate a dairy farm. How would you best describe the situation of Mr$.$ pope using the concept of supply?

Mr$.$ Pope has a demand for milk

Mr$.$ Pope has a supply of milk

Mr$.$ Pope does not have a supply of milk

Mr$.$ Pope does not have a demand for milk