Distinguish between : Stock and Supply
Q.2 (B) (iii) Distinguish between : Stock and Supply
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| Stock | Supply | |
|---|---|---|
| 1. Meaning | Stock is the total quantity of a commodity available with the seller at a point of time. | Supply is the quantity of a commodity a seller is willing to offer for sale at a given price during a given period. |
| 2. Relation | Stock is the potential supply; it is the upper limit of supply. | Supply is a part of stock; it can be less than or equal to stock, never more. |
| 3. Dependence on price | Stock does not depend on the current price. | Supply depends directly on price. |
| 4. Nature | Stock is a static concept. | Supply is a dynamic (flow) concept. |
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· 29 Oct 2026
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