what is buffer stock what is the latest position of stocks
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a stock where food is stored by the government though food cooperation on India
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A buffer stock is a scheme that buys and stores stocks at times of good harvests to prevent prices falling below a target range (or price level) and releases stocks during bad harvests to prevent prices rising above a target range (or price level). The latest position of stock is .
Explanation:
- Buffer Stock is an inventory reserve to account for price fluctuations.
- It also releases stocks during weak harvest, so that prices do not go above the target price point.
- A buffer stock program is an initiative to use stockpiling in a country as a whole or an individual market to support costs.
- For a fact, when an economic surplus occurs, the goods are bought, processed and then distributed from these markets in the case of economic scarcity.
Learn more about stocks
To dispose of the old stocks, a person sold a tea- set for rupees 3420,which was 43% below the cost price. In order to make a profit of 10% the seller should have sold the set for rupees ------ more.
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Explain the impact of depletion of resources such as fishing stocks firewood and land
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