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Questions
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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