Commodity
id:
commodity-163-16386396
title:
Commodity
text:
In economics, a commodity is an economic good, usually a resource, that specifically 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 them. The price of a commodity good is typically determined as a function of its market as a whole: well-established physical commodities have actively traded spot and derivative markets. The wide availability of commodities typically leads to smaller profit margins and
brand slug:
wiki
category slug:
encyclopedia
description:
Fungible item produced to satisfy wants or needs
original url:
https://en.wikipedia.org/wiki/Commodity
date created:
2002-04-08T08:12:07Z
date modified:
2024-08-28T14:45:44Z
main entity:
{"identifier":"Q317088","url":"https://www.wikidata.org/entity/Q317088"}
image:
{"content_url":"https://upload.wikimedia.org/wikipedia/commons/2/23/Mate_mit_St%C3%A4ngeln.jpg","width":800,"height":359}
fields total:
13
integrity:
16