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Economics - Financial Markets 23 Online
OpenStudy (anonymous):

Which of the following is a product that is considered a commodity? new automobiles low grade gasoline wrapping paper apple candy @timaashorty

OpenStudy (anonymous):

I'm thinking D but i'm not sure

OpenStudy (timaashorty):

I'm stuck between C and D. D;

OpenStudy (timaashorty):

I mean B & D*** I never learned about this, but I'm trying to google what they mean. According to this: A commodity generally refers to an agricultural product that is bought and sold such as corn, coffee, wheat, etc. Energy commodities include gas, electricity, oil, etc. In economic terms commodities are products that have a demand but there is no difference in who produces it. Therefore, typically consumers will search for the lowest price of that item. I would go with B, but if you really think it's D then go for it

OpenStudy (anonymous):

Ok thanks I'll see if it was wrong and if so then I'll go for B. I only get two tries

OpenStudy (timaashorty):

Alright, just let me know what it is after your done c;

OpenStudy (anonymous):

Ok great : ) I have 2 more questions left to go and then I'll let you know

OpenStudy (anonymous):

Apple candy was the only wrong answer @timaashorty Lol goodnight

OpenStudy (timaashorty):

it was gasoline or what?

OpenStudy (anonymous):

Yea it was gasoline

OpenStudy (timaashorty):

You did great though {: and glad I was able to help

OpenStudy (anonymous):

Yes I got a 90 !

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