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Is soft drink considered as a commodity within a particular market?
Wiki User
∙ 12y ago
No, because soft drinks aren't sold only on price.
Let me expand that because a lot of people are thinking, "I always shop for the lowest price when I buy soft drinks; wouldn't that make them commodities?" No.
Oats are a commodity. They're all pretty much the same. An oat buyer faced with the choice of $6 per bushel oats, $7 oats and $8 oats can buy the $6 oats with confidence.
Soft drinks? If the cheapest soft drink available to you is Dr. Smooth or Dr. Tangy or whatever the store calls its version of Dr. Pepper, but you don't like Dr. Pepper, you won't buy any.
Wiki User
∙ 12y ago
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Why does a commodity futures market exist within the broader commodities market?
The commodity futures market was invented to stabilize the market for consumers of bulk commodities. If you make breakfast cereal and you use a million bushels of wheat a year, it's nice to know you can get the wheat you need and nicer to know what it will cost. Futures eliminate uncertainty.
Why a commodity futures market exists within the broader commodities market?
The commodity futures market was invented to stabilize the market for consumers of bulk commodities. If you make breakfast cereal and you use a million bushels of wheat a year, it's nice to know you can get the wheat you need and nicer to know what it will cost. Futures eliminate uncertainty.
What kind of profession is speculator?
A speculator is a person who pays attention to market trends and then takes note of particular variables within an economy that may affect the value of a particular item.
Where geopolitically is Mexico considered?
A western, emerging market economy within the United States' sphere of influence.
What are the benefits of trade within the commodity?
There are three main benefits of trade within the commodity. The benefits are volatility offers potential for quick profits, can either buy or sell, and can trade with a small amount of capital.
How are bar codes used to keep track of stock?
A bar code is a type of mark which is encoded within a computer database to result into a specific commodity. When the computer reads the bar code through an optical mark recognizer(OMR) then the data of that particular commodity is highlighted.Once it is sold the computer just minuses the amount of barcodes left by one.
Is money a material culture?
Yes, money can be considered a material culture as it is a tangible object or commodity that holds value within a society. It is a physical representation of wealth and can be used to study economic aspects of different cultures.
A commodity futures market exists within the boarder commodities market for which reasons?
Finding prices: Buyers and sellers can trade standardized contracts for commodities at a later date on the futures market. This works with cost disclosure as market members altogether decide the fair worth of the item founded on market interest elements. Management of risk: Commodity producers and consumers can hedge against price volatility through futures contracts. Market participants are able to manage their risk exposure and protect themselves from adverse price movements by locking in a future price through futures contracts. Investment and speculation: Speculators and investors who seek to profit from commodity price fluctuations without actually owning or delivering the underlying asset are drawn to the futures market. Market liquidity is improved, and opportunities for capital appreciation are created as a result. Possibilities of arbitrage: Arbitrage opportunities are made possible by the futures market. By buying low in one market and selling high in the other, traders can take advantage of price differences between the spot market, which is the current market price, and the futures market. a more efficient market: By allowing market participants to make informed decisions based on available price and market information, the futures market makes efficient resource allocation easier. It makes it possible for efficient price formation and overall market stability by providing a platform for trading commodities that is both transparent and regulated.
Because labor can be bought and sold in a market like any other?
Other people might say labor is a commodity, but I don't think it is. Consider the commodity Barley. Within reason, one bushel of two-row barley is going to be exactly like any other bushel. But labor is provided by laborers, who are human beings, and all human beings are different.
How can you get a job in commodity trading?
Financial service websites are excellent for finding jobs in the commodity trading environment. However, you can also become a trader on your own within the comfort of your own home.
What is meant by MCX-SX?
Multi Commodity Exchange of India commonly known as MCX is a self-regulating commodity exchange that was established in 2003 in the city of Mumbai, India. This independent exchange has been operating within the regulatory framework of the forward contracts Act, 1952. MCX-SX is India's third national stock exchange after the Bombay Stock Exchange and the National Stock Exchange. If you want to know more about MCX then you visit to Quoteonmobile. It is provides live market data - commodity and equity - on mobile devices, desktops and laptops
Are statutes considered a primary source of law?
Yes, statutes are considered a primary source of law as they are laws created and enacted by a legislative body. They can establish rules, regulations, and standards that must be followed within a particular jurisdiction.
