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Reptile [31]
3 years ago
5

What is a commodity?

Business
2 answers:
andrezito [222]3 years ago
6 0

Answer:

a raw material or primary agricultural product that can be bought and sold, such as copper or coffee. Or It Can Be a useful or valuable thing, such as water or time.

Explanation:

Musya8 [376]3 years ago
5 0

Answer:

A commodity is an economic good that has full or substantial fungibility: that is, the market treats instances of the good as equivalent or nearly so with no regard to who produced

I Hope this Helps<3

Explanation:

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The short-run aggregate supply curve implies that real output exceeds its long-run level when the price level is:
Annette [7]

Answer:

greater than the expected price level

Explanation:

The short run aggregate supply curve shows graphically that the real output is more than its long run level when the price level is more than expected price level. When there is great expectation about inflation it shifts the short run Aggregate Supply curve outwards or to the right. Price level would then rise in the long run but real output would stay the same or unchanged.

4 0
3 years ago
Your introduction should be no more than _____ percent of your speech time.
Sloan [31]
No more than 15 percent of your speech time.
Hope this helps!!

7 0
4 years ago
Read 2 more answers
What do the income effect, the substitution effect, and diminishing marginal utility have in common?
Sveta_85 [38]

Answer:

They all help explain the downsloping demand curve

Explanation:

The options to the question wasn't provided. The complete question can be in the attached image.

The demand curve slopes downward from left to right. This indicates that the higher the price, the lower the quantity demanded and the lower the price, the higher the quantity demanded.

Income effect is a change in quantity demanded when real income change. Quantity demanded increases when real income increases and decreases when real income falls.

Substitution effect says that consumers would substituite to the consumption of a cheaper good when the price of a good originally consumed increases.

Diminishing marginal utility states that as consumption increases, utility derived from consumption falls and quantity demanded falls.

I hope my answer helps you

3 0
3 years ago
Camille, a buyer, wants to change the price already agreed to in a sales contract. what document should she use?
e-lub [12.9K]

She should use <u>a </u><u>New contract</u>.

A contract is a legally enforceable agreement that establishes, defines, and controls the mutual rights and obligations between parties. Contracts typically include the transfer of goods, services, money, or promises to transfer at a future date.

In the event of a breach of contract, victims are entitled to legal remedies, including damages and withdrawal. Contract law, the field of law of obligations dealing with contracts, is based on the principle that agreements must be honored.

learn more about contracts here.   brainly.com/question/984979

#SPJ4

6 0
2 years ago
When a golfing club manager says, "I am concerned that our club members will find that the low center of gravity in the Taylor c
Sav [38]

The Taylor salesperson is using the referral method to deal with objections.

A referral is a way of dealing with objections in which the speaker refers to a previous experience to object to what another person has told him about a topic.

In the case presented, the manager of the golf club was expressing his concern about the opinion of golfers about Taylor clubs that had a special characteristic on their center of gravity.

To counter this argument, the seller refers to a real case of a buyer who was left with very good impressions of the Taylor stick.

Learn more in: brainly.com/question/1342578

7 0
2 years ago
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