Vidyalelo
Commerce · Q372

Economics

Graduate and Post Graduate · Commerce · question 372

Q372

Quantity demanded is a

A.
Flow concept
Answer
B.
Stock concept
C.
Both 'a' and 'b'
D.
None of the above

Answer: Option A

Solution

Answer: Option A
Solution:
Quantity demanded is a Flow concept. The quantity of the current production of a commodity which moves from a factory to the market is called flow. The aggregates of macroeconomics are of two kinds some are stocks, typically the stock of capital 'k' which is a timeless concept.