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How is supply different from stock? - Economics

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How is supply different from stock?

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Solution

The term supply differs from stock. Supply is the portion of a commodity's inventory that is available for sale at a specific price and time. For example, an agriculturist has grown 100 quintals of wheat. He carries a quantity of wheat with him. He may offer to sell 10 quintals for ₹ 600, 20 quintals at ₹ 700, 50 quintals at ₹ 800, and so on. In this scenario, the stock is 100 quintals; however, the wheat supply varies depending on pricing.

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Difference Between Supply and Stock
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Chapter 4: Theory of Supply - Exercise [Page 98]

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Goyal Brothers Prakashan Economics [English] Class 10 ICSE
Chapter 4 Theory of Supply
Exercise | Q 2. (ii) | Page 98
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