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18 October, 13:28

Which of the following is a product that is considered a commodity?

new automobiles

low grade gasoline

wrapping paper

apple candy

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  1. 18 October, 13:54
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    A commodity is defined as raw material or product that can be bought and sold. It is a marketable item that is to satisfy the wants and needs of the consumers. Among the given products above, the one that is considered as a commodity is option B. low grade gasoline. A gasoline is considered as an energy commodity.
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