Vidyalelo
Commerce · Q287

Economics

Graduate and Post Graduate · Commerce · question 287

Q287

Supply of a commodity is a

A.
Stock concept
B.
Flow concept
Answer
C.
Both stock and flow concept
D.
None of the above

Answer: Option B

Solution

Answer: Option B
Solution:
Supply of a commodity is a flow concept. the commodity which the sellers or producers are able and willing to offer for sale at a particular price, during a certain period of time.