Buffer stock' is the level of stock which is ___________
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extra in the sense that it has been produced more than it was required for.
For example you have produced 10 kg grains but the buyer only wants 7kg grains. So here the rest 3kg is the extra or the buffer stock.
For example you have produced 10 kg grains but the buyer only wants 7kg grains. So here the rest 3kg is the extra or the buffer stock.
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A supply of inputs held as a reserve to safeguard against unforeseen shortages or demands
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