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Distinguish between supply and stock. How does supply differ from stock? - Economic Applications

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Distinguish between supply and stock.

How does supply differ from stock?

Distinguish Between

Solution

  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 a period of time. Stock relates to a particular point of time.
3. Relation Supply is always less than the stock except in case of perishable goods. Stock is always greater than supply except in case of perishable goods.
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Difference Between Supply and Stock
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Chapter 4: Theory of Supply - Exercise [Page 99]

APPEARS IN

Goyal Brothers Prakashan Economics [English] Class 10 ICSE
Chapter 4 Theory of Supply
Exercise | Q 1. (i) | Page 99
Goyal Brothers Prakashan Economic Application [English] Class 10 ICSE
Chapter 3 Theory of Supply
QUESTIONS | Q 17. (i) b | Page 74
Goyal Brothers Prakashan Economics [English] Class 10 ICSE
Chapter 4 Theory of Supply
QUESTION BANK | Q 2. | Page 100
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