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Supply is considered a flow concept because it represents the quantity of goods and services that producers are willing and able to offer to the market over a specific period of time. Unlike a stock concept, which measures a quantity at a particular point in time, supply fluctuates based on factors such as production rates, resource availability, and market demand. This dynamic nature of supply allows it to change continuously, reflecting real-time economic conditions and business activities. Thus, it is best understood as an ongoing process rather than a static measure.
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Is supply a stock or flow concept?
Supply is generally considered a flow concept. It refers to the quantity of a good or service that producers are willing and able to sell at a given price over a specific period of time. In contrast, stock concepts refer to quantities measured at a specific point in time, such as inventory levels. Thus, while supply reflects ongoing production and sales activities, it is not a static measure.
Is production a stock and income a flow?
yes, production is a stock concept and income is a flow concept.
Stock and flow concept in macroeconomics?
Stock concept doesn't have a time reference whereas Flow concept has time reference i.e. Stock concept gives the value at an instant of time while flow concept gives the values over a period of time.
What is the concept of economy?
The concept of Economy is supply equals demand. Without demand there would be no supply which helps make up the economy.
Marshal borrowed the concept of?
Marshal borrowed the concept of forces of demand and supply. This is a concept that had been established by Smith and Ricardo.
What biological concept strikes you most justify your answer?
gical concept strikes you most?
Is supply a stock or flow concept?
Supply is generally considered a flow concept. It refers to the quantity of a good or service that producers are willing and able to sell at a given price over a specific period of time. In contrast, stock concepts refer to quantities measured at a specific point in time, such as inventory levels. Thus, while supply reflects ongoing production and sales activities, it is not a static measure.
What do the concept of the survival of the fittest was used to justify the?
Social Darwinism
What is the relationship between a flow concept and a stock concept?
The flow concept is the one in which goods and services move from person to person. In the stock concept, stocks build up or get depleted, they do not flow.
What IS STOCK Concept and flow concept?
Stock concept doesn't have a time reference whereas Flow concept has time reference i.e. Stock concept gives the value at an instant of time while flow concept gives the values over a period of time.
Why is supply a flow concept?
Supply is considered a flow concept because it represents the quantity of goods and services that producers are willing and able to offer for sale over a specific period of time. Unlike stock concepts, which measure quantities at a particular point in time (like inventory), supply focuses on the rate of production and availability that can change continuously. This dynamic nature allows supply to respond to market conditions, demand fluctuations, and other economic factors, making it a crucial element in understanding market behavior.
Is production a stock and income a flow?
yes, production is a stock concept and income is a flow concept.
Stock and flow concept in macroeconomics?
Stock concept doesn't have a time reference whereas Flow concept has time reference i.e. Stock concept gives the value at an instant of time while flow concept gives the values over a period of time.
The concept of competitive advantage is as important for non-profit organizations as it is for profit organizations Do you agree with this statement of not Explain with examples to justify your an?
The concept of competitve advantage is as important for non- profit orgnizations as it is for profit orgnizatios Do you agree with this statement or not? Explain with examples to justify your answer.
Do you agree with the authors statement at the end of the text What scientefic explanation or concept do you know that may justify the statement?
do you agree with the author s statement at the end of the text? what scientific explanation or concept do you know that may justify the statement?
What is the concept of economy?
The concept of Economy is supply equals demand. Without demand there would be no supply which helps make up the economy.
The concept of competitive advantage is as important for non-profit organizations as it is for?
"The concept of competitive advantage is as important for non-profit organizations as it is for profit organizations". Do you agree with this statement or not? Explain with examples to justify your answer. "The concept of competitive advantage is as important for non-profit organizations as it is for profit organizations". Do you agree with this statement or not? Explain with examples to justify your answer.
