1.

State with resons whether you agree or disagree with the following statements.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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