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Network Effects: A Detailed Guide

Network Effects: A Detailed Guide

A network effect refers to an increase in the importance or value of a product or service with an increase in the number of its users....
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What are buffer stocks?
Definitions

What are buffer stocks?

EconomicsOnline • January 28, 2020 • 1 min read

Buffer stock

A buffer stock is a system or scheme which buys and stores stocks at times of good harvests to prevent prices falling below a target range (or price level), and releases stocks during bad harvests to prevent prices rising above a target range (or price level).

buffer stock diagram

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