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Questions and Answers
Match the following economic terms with their definitions:
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:
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:
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:
Match the following economic concepts with their definitions:
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