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In economic theory, a commodity is basic good that is supplied without differentiation across a market. Thus, wheat and coal, even livestock, are commodities, but knives are not.
Wiki User
∙ 8y ago
Wiki User
∙ 8y agoYes, knife is a commodity.
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Which was a valued export from Songhai?
Salt was a highly valued export from the Songhai Empire. The empire controlled salt mines in the Sahara, allowing them to trade this commodity with other regions in exchange for goods such as gold, textiles, and slaves. Salt was a crucial commodity for preserving food and was greatly sought after in both local and long-distance trade.
Juror four questions the logic of eight's premise that the boy did lose the pocket knife what is his sarcastic question to eight?
Juror Four sarcastically questions Eight by asking if the knife fell through a hole in the boy's pocket.
What kind of knife does the grim reaper have?
The Grim Reaper is often depicted as carrying a scythe, a large curved blade mounted on a long handle. The scythe symbolizes death and is used to reap souls when a person's time on earth has come to an end.
What is the difference between a shiv and a shank?
a shiv is an object with a sharp end like a razor and a knife, while a shank is practically a home made knife made out of wood or any other raw material. shiv is use for cutting and slicing. a shank is used for stabbing
In a Modest proposal what are three advantages Jonathan Swift claims for his proposal?
Jonathan Swift's "A Modest Proposal" suggests that his proposal can reduce the number of poor families burdened by children, provide economic benefits by selling babies as a commodity, and alleviate overpopulation and the strain on resources in Ireland.
Which is the largest commodity exchange for commodity market?
Oil is that commodity.
Is milk a commodity or a product?
commodity
Is oil a commodity?
Yes oil is a commodity....
What is the opposite of selling a commodity?
Buying a commodity.
What are the types of commodity?
Importance of commodity exchange
Where is National Commodity Exchange of India?
National commodity exchange situated in Mumbai. Also Multi Commodity Exchange are in mumbai and National Multi Commodity Exchange situated in Ahmedabad. National commodity exchange situated in Mumbai. Also Multi Commodity Exchange are in mumbai and National Multi Commodity Exchange situated in Ahmedabad.
What is a commodity trading system?
Commodity trading systems are methods to trade in the commodity market in a mechanical fashion. The system will automatically notify you when to buy and sell a commodity.
In commodity market which segment you have trade for profit?
In commodity market, the segment that you have trade for profit is the commodity segment.
Is gold a commodity?
Yes. Gold is a commodity and investment
What are the types of commodity exchange?
Importance of commodity exchange
How do you use commodity in a sentence?
Water is a commodity.
What are type of commodity exchange?
Importance of commodity exchange
