what is meant by buffer stock? explain
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A buffer stock is a system or scheme which buys and store stocks at times of good harvest to prevent prices falling below a target range and released talks during bad herbals to prevent prices rising above target range.....
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A bufeer stock scheme is an attempt to use commodity storage for the purposes for stabilising prices is an entire economy or an individual market.
Specifically,commodities are bought when a surplus exists in the economy,stored and are then sold from these stores when economic shortages in the economy occur.
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