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Question

Supply of a commodity is a _______.

A
stock concept
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B
flow concept
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C
both stock and flow concept
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D
none of these
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Solution

The correct option is C flow concept
Supply of a commodity is a Flow Concept and NOT a Stock Concept.
A flow variable is measured over an interval of time. While stock variable is measured at a particular point in time.A stock concept is a type of security that signifies ownership in a corporation and represents a claim on part of the corporation's assets and earnings.

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