Question

Stock of a commodity refers to ______.

Options

• the quantity available with the consumer

• quantity available with the seller at any given time

• both (a) and (b)

• neither (a) nor (b)

Answer 1

Stock of a commodity refers to quantity available with the seller at any given time.

Explanation:

Stock is the total amount of a commodity available with producers or sellers at a particular point in time. It is not defined as the quantity available with consumers.