Question

Statements related to the concept of stock.

1. It is the total quantity of a commodity available with the seller at a particular point in time.
2. By increasing production, stock can be increased.
3. Normally, stock exceeds supply.
4. Stock is a flow concept.

Options

• a, b, c, d

• a, b, c

• only b

• a, b

Answer 1

a, b, c