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प्रश्न
Distinguish between:
Stock and Supply
उत्तर
| Stock | Supply | |
| 1) | Stock is the total quantity of goods available for sale with a seller at a particular point of time. | Supply refers to the quantity of goods that a seller is able and willing to offer for sale at a particular price during a certain period of time. |
| 2) | Stock is the outcome of production. | Supply is derived out of stock. |
| 3) | Stock can be increased if production is increased. | Supply can be increased if stock is increased. |
| 4) | Stock is generally more than supply. | Supply can be less than or equal to stock. However, it cannot exceed stock. |
| 5) | Stock is a static concept and is not expressed in relation to price and time. | Supply is a flow concept and is always expressed in relation to price and time. |
APPEARS IN
संबंधित प्रश्न
When the supply curve is upward-sloping, its slope is ______.
Complete the Correlation:
Demand curve : _______ :: Supply curve : Upward
______ : Change in supply : : Other factors constant : Variation of supply
Observe the following table and answer the question:
Supply schedule of chocolates
| Price in ₹ | Quantity supplied in units |
| 10 | 200 |
| 15 | _____ |
| 300 | |
| 25 | 350 |
| 30 | _____ |
| 35 | _____ |
| 40 | _____ |
State the relationship between price and quantity supplied.
Observe the market supply schedule of potatoes and answer the following question:
| Price in ₹ | Firms | Market supply (kg) | ||
| A | B | C | ||
| 1 | ____ | 20 | 45 | 100 |
| 2 | 37 | 30 | 45 | _____ |
| 3 | 40 | ____ | 55 | 155 |
| 4 | 44 | 50 | _____ | 154 |
- Complete the quantity of potatoes supplied by the firms to the market in the above table.
- Draw the market supply curve from the schedule and explain it.
Identify and explain the following concept.
Out of 4000 kgs of rice, the farmer offered to sale 1000 kgs of rice in the market for ₹ 40 per kg.
Assertion (A): Supply is a relative term.
Reasoning (R): Supply is always expressed in relation to price, time and quantity.
Find the odd word out:
Factors leading to increase in supply:
Identify and explain the concept from the given illustration:
Out of 100 kgs of apples, Vasantrao offered to sell 90 kgs of apples in the market at ₹ 100 per kg.
Find the odd word out:
Factors leading to decrease in supply:
Study the following diagram and answer the questions:
Questions:
- The diagram shows the `square` relationship between price and supply.
- The supply curve 'S' has a `square` slope.
- In a decrease in supply, the equilibrium point shifts from 'e' to `square`.
- In an increase in supply, the equilibrium point shifts from 'e ' to `square`.
Find the odd word out:
Factors leading to increase in supply:
Read the following passage and answer the questions:
| Railways are the principal mode of transportation for freight and passengers in India. Railways also make it possible to conduct many activities like business, sightseeing and pilgrimage along with the transportation of goods over longer distances. The Northern Plains with their vast fertile level land have helped in the development of agricultural activities in Northern India. The Indian railways have helped in the movement of agricultural goods from Northern India to various parts of the country. Konkan Railway along the west coast of India connects the states of Maharashtra, Goa and Karnataka. Konkan railway has helped in supplying fruits, fruit pulps, condiments, steel, minerals like bauxite, glassware, leather goods, etc. |
Questions:
- Explain the factors affecting the supply of agricultural goods.
- Name the agricultural and non-agricultural products supplied by Konkan Railway.
Identify and explain the concept from the given illustration:
A farmer offered to sale 25 kgs of watermelon in the local market per day at ₹50 per kg.
A rightward shift in supply curve shows ______.
A rightward shift in supply curve shows ______.
