Question

define supply explain the difference between supply and stock

Answer 1

Supply - things which are use for people's needs provided are called the supply .

Stock : things which are available but are not in use due tolack of technical know how.

Answer 2

Stock:

Stock is the total quantity of commodity available for sale with a seller at a particular point of time.

Supply: Supply refers to the quantity of a commodity that a seller is willing and able to offer for sale at a given price, during a certain period of time.

Stock:

1) Stock is the total quantity of goods available for sale with a seller at a particular point in time.

2) Stock is the outcome of production.

3) Stock can be increased if production is increased.

4) Stock is generally more than supply.

5) Stock is a static concept and is not expressed to price and time.

Supply:

1) Supply refers to the quantity of goods that a seller is. able and willing to offer for sale at a particular price during a certain period of time.

2) Supply is derived out of stock.

3) Supply can be increased if stock is increased.

4) Supply can be less than or equal to stock. However, it cannot exceed stock.

5) Supply is a flow concept and in relation is always expressed in relation to price and time.

Hope this helps you

Please mark as brainliest