English

Differentiate between supply and stock.

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Questions

Differentiate between supply and stock.

State one point of difference between stock and supply.

Distinguish Between
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Solution 1

Sr. No. Basis Stock Supply
1. Meaning Stock indicates the total quantity of the commodity available for sale. Supply is that part of the stock which is offered for sale, which changes with a change in price.
2. Nature Stock relates to a particular point of time. Supply is a flow concept, as it relates a periodof time.
3. Relation Stock is always greater than supply except in the case of perishable goods. Supply is always less than the stock, except in the case of perishable goods.
4. Depends Stock depends on production. Supply depends on stock and price.
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Solution 2

Stock Supply
Stock indicates the total fixed quantity of a commodity which is meant for sale. Supply refers to the quantity of the good which a seller is willing to sell at a particular price.
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Chapter 3: Theory of Supply - QUESTION BANK [Page 80]

APPEARS IN

Goyal Brothers Prakashan Economic Applications [English] Class 10 ICSE
Chapter 3 Theory of Supply
QUESTION BANK | Q 2. | Page 80
Goyal Brothers Prakashan Economic Applications [English] Class 10 ICSE
Chapter 3 Theory of Supply
QUESTIONS | Q 2. | Page 78
Goyal Brothers Prakashan Economic Applications [English] Class 10 ICSE
Chapter 3 Theory of Supply
QUESTIONS | Q 19. (c) | Page 80
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