Economy, asked by tuhinamondal120, 3 months ago

explain how the market price of a commodity determined​

Answers

Answered by devguru01
1

As with equity securities, a commodity's price is determined primarily by the forces of supply and demand for the commodity in the market. ... If the weather in a certain region is going to affect the supply of a commodity, the price of that commodity will be affected directly. Examples include corn, soybeans, and wheat.

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