Distinguish between:
ock and Supply
Points
keaning
Stock
Suppl
Stock refers to the entire quantity of Supply refers to the
commodity which exists with the seller. It is sale of a given price and
potential supply
Stock depends upon production made Supply depends on a
available by the producers.
price of the product as
Stock is a steady concept
Supply is a flow conce
Depends
oncept
Change
Stock exceeds supply and it is fixed and Supply never exceeds
inelastic
and elastic
pansion in Supply and Increase in Supply
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