Economy, asked by Nehaparmar, 1 year ago

give meaning and example of commodities which are universally and abundantly available

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Answered by ALYBSN
56
these commodities being abundant are not so rare and hence used generally
eg. plastic, air, soil, fire.................


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Answered by Mustela
22

Commodities are unyielding assets varying from grain to gold to fuel. For example; Cereal, valuable ores, power, fuel, beef, fruit juice, and natural gas are common instances of commodities. Logically interchangeable assets or substance bought and sold smoothly as an object of economics are abundantly available and can be detected easily everywhere.

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