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Question
Distinguish Between
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Solution
| Sr. No. | Stock | Supply |
| 1. | Stock is the total quantity of a commodity that a seller possesses at a given time, whether or not it is offered for sale. |
Supply is the portion of the stock that the seller is willing to offer for sale at a specific price and time. |
| 2. |
The green horizontal line shows that the total stock remains fixed at a point in time regardless of price. |
It does not vary with changes in market price immediately. |
| 3. | Horizontal line in diagram. | Upward-sloping curve in diagram. |
| 4. | ![]() |
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Chapter 6: Supply and Law of Supply - TEST QUESTIONS [Page 6.19]


