what
VALUE OF A
COMMODITY REFERS TO THE
PURCHASING POWER OF THE
COMMODITY IN TERMS OF OTHER
COMMODITY.
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hey pal! I hope this is what you were searching for : –
What Is a Commodity?
What Is a Commodity?A commodity is a basic good used in commerce that is interchangeable with other goods of the same type. Commodities are most often used as inputs in the production of other goods or services. The quality of a given commodity may differ slightly, but it is essentially uniform across producers.
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