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muminat
3 years ago
9

What is a commodity?

Business
1 answer:
BabaBlast [244]3 years ago
3 0

The correct answer is D. Something of value that can be bought, sold, or traded

Explanation:

The word "commodity" is used in economics to refer to any good or product that has an economic value and due to this, can be part of the market. This means any commodity can be traded, sold, or bought. Moreover, this concept is mainly applied to raw materials such as coal, timber, or wheat that can be used to make other manufactured products such as plastics, furniture, or flour. According to this, the option that correctly describes the word commodity is option D.

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Do you imagine yourself becoming an entrepreneurship and managing your business in the future?
laila [671]

Answer:

please mark me brainliest

Explanation:

As a founder of a startup an individual needs to put an innovative idea to implementation by putting together a cohesive team. Entrepreneurs who have an existing family business, become second/ third generation entrepreneurs and take their existing businesses to greater heights.

7 0
3 years ago
Read 2 more answers
Soft drink manufacturers face (a) ________.
Ilya [14]

Answer:

The correct answer is (A)

Explanation:

Soft drink manufacturing industry faces a high threat of substitutes. Not many soft drink brand exit the market but many new companies and brand enter. Similarly, that is the reason why prices of soft drink do not fluctuate as compare to other food items. The competitive environment in the soft drink industry creates a high threat of substitutes.

6 0
4 years ago
Ted’s wallet is as empty as his bank account, and he needs $3,500 immediately.Fortunately, he has three gold coins that he inher
Ann [662]

Answer:B. Teddy's agreement with Andrea and Cami, only.

Explanation:

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3 0
3 years ago
When a firm is at its minimum efficient scale of operation, it produces the
gogolik [260]
<span>The relation between </span>cost<span> per unit of </span>output<span> and the </span>level<span> of </span><span>output is captured in the average total cost curve. </span><span>
When a firm is at its minimum efficient scale of operation, it produces the </span>minimum rate of output at which long-run average cost is minimized. With economies of scale, costs may fall over some ranges of output and rise over other.Correct answer: B

5 0
4 years ago
Madison Inc. stock price moves from $95 to $65 and also pays $7 in dividends at the end of the period. What is the rate of retur
mr_godi [17]

Answer:

-24.21%

Explanation:

The rate of return of a stock is the sum of the stock price appreciation and the dividend yield

price appreciation = change in price level = (new price - old price) / old price ($65 - $95) / $95 = -0.3158

dividend yield = dividend / initial price  $7/$95 = 0.07368

Rate of return = 0.07368  - 0.3158 = -0.2421 = -24.21%

8 0
3 years ago
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