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Differentiate between supply and stock of a commodity. - Economics

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प्रश्न

Distinguish between supply and stock.

How does supply differ from stock?

Differentiate between supply and stock of a commodity.

Distinguish between stock and supply.

फरक स्पष्ट करा
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उत्तर

 Sr.
No.
Basis Supply Stock
1. Meaning Supply is that part of stock which is offered for sale and changes with a change in price. Stock indicates the total quantity of the commodity available for sale.
2. Nature Supply is a flow concept, as it relates to a period of time. Stock relates to a particular point in time.
3. Relation Supply is always less than the stock, except in the case of perishable goods. Stock is always greater than supply except in the case of perishable goods.
4. Quantity Supply is usually smaller than stock, as only a part of the stock is released in the market. Stock is generally larger than supply, as it includes the whole availability of a commodity.
5. Example If he offers 80 bags of rice for sale at the current price, that is his supply. A trader has 200 bags of rice in his godown. This is his stock.
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Notes

Students should refer to the answer according to the question.

  या प्रश्नात किंवा उत्तरात काही त्रुटी आहे का?
पाठ 5: Supply - Law of Supply and Price Elasticity of Supply - TEST YOURSELF QUESTIONS [पृष्ठ ९६]

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