Question

in which market is the commodity differentiated​

Answer 1

Answer:

Commodities tend to be raw materials like corn, wheat, copper, crude oil, etc. Only commodities can be traded on "futures" markets because every unit is the same. Differentiated products tend to be finished products.

Answer 2

Monopolistic Competition

Explanation

In monopolistic competition market there is the commodity differentiation because :

• There is a large number of sellers.
• Attains customers attention.
• There is free entry and exit.
• No perfect knowledge is there of products.