VWhat is a commodity? A. Something that producers are unable to sell to consumers B. A resource that is available in unlimited quantities C. An exchange between a producer and a consumer D. Something of value that can be bought, sold, or traded

Question

Diana Waller

Business

26 August, 03:07

VWhat is a commodity? A. Something that producers are unable to sell to consumers B. A resource that is available in unlimited quantities C. An exchange between a producer and a consumer D. Something of value that can be bought, sold, or traded

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Answers (2)

Know the Answer?

Jacqueline · Answer 1

The correct answer is letter D.

Explanation:

According to WordReference Random House Learner's Dictionary of American English, commodity is defined as "an article of trade or commerce, especially a product that can be bought or sold." This definition fits with option D. Something of value that can be bought, sold, or traded, so it is the correct answer.

Aylin Bird · Answer 2

The definition of commodity is D. Some examples are gold, silver and copper.