CBSE Class 12-commerce Answered
What is buffer stock?
Asked by Topperlearning User | 26 Apr, 2016, 07:26: AM
Expert Answer
When excess supplies emerge in the market with the effect of minimum price, the government buys the surplus from the farmers and stores the stock, During the period, when current supply of good fall short of its current demand, this preserved stock is put in use. This is called buffer stocks.
Answered by | 26 Apr, 2016, 09:26: AM
CBSE 12-commerce - Microeconomics
Asked by Topperlearning User | 26 Apr, 2016, 07:26: AM
ANSWERED BY EXPERT
CBSE 12-commerce - Microeconomics
Asked by Topperlearning User | 26 Apr, 2016, 07:26: AM
ANSWERED BY EXPERT
CBSE 12-commerce - Microeconomics
Asked by Topperlearning User | 26 Apr, 2016, 07:26: AM
ANSWERED BY EXPERT
CBSE 12-commerce - Microeconomics
Asked by Topperlearning User | 26 Apr, 2016, 07:26: AM
ANSWERED BY EXPERT
CBSE 12-commerce - Microeconomics
Asked by Topperlearning User | 26 Apr, 2016, 07:26: AM
ANSWERED BY EXPERT