What is the meaning of word …
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Posted by Pankaj Sunal 6 years, 11 months ago
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Yogita Ingle 6 years, 11 months ago
A commodity is a good for which there is demand, but which is supplied without qualitative differentiation across a market. For example, if you go to a gas station to purchase gas, the gas at your pump is the same as the gas at any of the other pumps. It's also relatively the same as the gas at the station across the street or across town.
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