4 Questions
Match the following economic terms with their definitions:
Stock = Total amount of a commodity available with producers at any given time Supply = Quantities of a commodity which producers are willing and able to produce and offer for sale at various possible prices during a particular time
Match the following descriptions with the correct term:
Stock = The 'potential supply' of a commodity Supply = Only comprises the part of the stock that producers are willing to bring to the market and offer for sale at a particular price
Match the following economic terms with their meanings:
Stock = Potential supply of a commodity Supply = Quantities of a commodity that producers are willing to bring to the market and offer for sale at various prices during a particular time
Match the following economic concepts with their definitions:
Stock = Total amount of a commodity available with producers at a given time Supply = Quantities of a commodity which producers are willing and able to produce and offer for sale at various possible prices during a particular time
Test your understanding of economic concepts with this quiz on stocks and supply. Explore the differences between stock and supply for a commodity and enhance your knowledge of economics terminology.
Make Your Own Quizzes and Flashcards
Convert your notes into interactive study material.
Get started for free
