Question

write a long note in buffer stock...

Answer 1

hey

gd evng

here is your answer

It is a system or scheme which buys and stores stocks at times when farmers have a 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).

hope its help you

thanxx

Answer 2

hi

here is your answer

Buffer stock is a scheme made by government for stabilising the cost of goods in markets or volatile markets.

Prices for agricultural products are often volatile because:

1)Supply can vary due to the weather.

2)Demand is inelastic

3)Supply is fixed in the short term

thanks

hope it helps

plz mark brainliest