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Question
Which of the following statement is true?
Options
Stock refers to the total quantity of a commodity available with the seller at any given time.
Stock refers to the total quantity of a commodity available to the buyer at any given time.
Stock refers to the total price available with the seller at any given time.
Stock refers to the total cash available with the seller at any given time.
MCQ
Solution
Stock refers to the total quantity of a commodity available to the seller at any given time.
Explanation:
The total quantity of a commodity available with the seller at any particular time is referred to as stock.
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Evolution of Money
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