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Q: What is tangible commodity manufactured to produce other tangible commodities?
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What is an assential commodity needed for the productive process?

The essential commodities needed for the productive process depend on what the productive process is designed to produce. A productive process whose end result is rye bread needs far different commodities than a productive process whose end result is trucks.


What commodities are produce how are goods produce and for whom are goods produce?

they let the customers and citizens decide.


What is the difference between a commodity and a good?

Commodity is what is used to produce a Goods.Goods gets to the end user. Example; Flour (commodity) and Bread (Goods).


What percentage of global commodities do Emerging markets produce?

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Volkswagon manufactured them.


What has the author Boum-jong Choe written?

Boum-jong Choe has written: 'The precautionary demand for commodity stocks' -- subject(s): Commodity exchanges, Commodity futures, Produce trade


Producers in land?

producers in land are the people who use their land to produce commodities.


What has the author Julius Bernard Baer written?

Julius Bernard Baer has written: 'Commodity exchanges and futures trading' -- subject(s): Commodity exchanges 'Commodity exchanges' -- subject(s): Commercial products, Commodity exchanges, Produce trade


Efficiency comes about in perfectly competitive free markets when?

-Firms are motivated to invest resources in industries with a high consumer demand and move away from industries where demand is low. -Firms are encouraged firms to minimize the resources they consume to produce a commodity and to use the most efficient technologies. -Commodities are distributed among buyers such that buyers receive the most satisfying commodities they can purchase, given what is available to them and the amount they have to spend. Answer: All the Above


What are the economic resources which man can use to produce commodities?

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What best describes the three fundamental economic questions?

three basic questions that an economy faces are -what to produce? -how to produce? -for whom to produce? the first one implies the commodity bundle i.e what commodities to produce more and what less.second one implies what technology to be used.i.e whether more labor or more capital to be used.and the third one implies which section should be given more preference i.e whether luxury products should be produced for rich people or necessary items .


What is the law of decreasing opportunity cost?

To produce an additional unit of a commodity a nation has to forego lesser and lesser amount of other commodity is known as decreasing opportunity cost.