Why can supply be more than production but can not be mote tahn stock.
Answers
Answered by
0
Answer:
Daily Production of a company is 1000 units, at the same time Supply is 200 units. Therefore, the rest of 800 units becomes Stock. ... As a result, Stock increases day by day. It so happens once that Stock is 10000 units, and as price of that good rises, the producer increases the supply, n Supply is 1500 units, per day.
Similar questions