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Supply Analysis — Economics STD 12 Commerce / Arts — Question

Maharashtra BoardEnglish MediumSTD 12 Commerce / ArtsEconomicsSupply Analysis4 Marks
Question
Supply of perishable goods is equal to its production.OR
There is no difference between stock and supply of perishable goods.

✓

Answer

Yes, I agree with this statement.
  • The stock of perishable goods like vegetables, flowers, fruits, milk, etc., is equal to supply.
  • This is because perishable goods cannot be stored for long time. They become stale.
  • They need to be sold within a short period of time irrespective of the price.
  • Also the cost of storage is high.
  • So, the above statement is true.

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