Question
Distinguish : Stock and Supply.
| Point | Stock | Supply |
| Meaning | Stock refers to entire quantity of a commodity which is in the custody of the seller. So it is the potential supply. | Supply refers to the quantity of a commodity offered for sale at a given price and at a given time and place. |
| Dependence | Stock depends on production. | Supply depends on stock and price and Willingness |
| Relationship | Stock can be greater than the supply. | Supply cannot be greater than the stock. Supply can be either equal or less than the stock. |
| Order of existence | Stock comes before supply | Supply follow stock. There cannot be supply without stock. |
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