0
Want this question answered?
Be notified when an answer is posted
Add your answer:
Earn +20 pts
What is a buyer and seller of commodities for profit called?
It depends: are we talking about commodities CONTRACTS, or the commodities themselves? A person who specializes in buying and selling commodities futures and options is a commodities broker. Someone who buys and sells the physical good--lumber, wheat, whatever--is a commodities dealer.
What is meant by the term commodities and futures?
Commodities are services and goods. Soft commodities are goods that are grown, hard commodities are goods that are mined. A futures is a contract to buy commodities or financial instrument set in certain time in the future. These contracts are traded.
Why must perfectly competitive market always deal in commodities?
Because the buyer will not pay extra for one particular company's good. The buyer will always choose the supplier with the lower price.
Does the price of commodities remain unchanged during the change in demand of those commodities?
Almost certainly not.
What are prime commodities?
Prime commodities are commodities that are yet to be processed from their raw state. Examples are orange or mango, which are processed into fruit juice. Others are iron ore, which are processed to fine metals.
What did they ration?
i don't really know all of them but they did ration meat, cheese, candy and chocolate. that's probably the only things i know that they rationed, oh and i think they also rationed clothes, I also think that they rationed eggs.
Why would a nation ration goods and services in time of war?
Goods may be rationed during wartime for a couple of reasons. When commodities become scarce (which can happen during wartime) and demand remains the same prices will rise, maybe a lot. Rationing reduces the demand and thus keeps prices from going out of reach for ordinary income people. Some commodities such as tires, gasoline, etc. are needed for the war effort, rationing makes them available for this purpose. I don't remember services being rationed but if they were it would be for the same reasons.
Are commodities market open on Good Friday?
yes ,I think so
Why was bacon rationed?
Rationing was a means of ensuring the fair distribution of food and commodities when they were scarce. It began after the start of WW2 with petrol and later included other goods such as butter, sugar and bacon. ... Its aim was to regulate food production and usage.
What rhymes with rationed?
One that i can think of from the top of my head is NATION
You know most countries were rationed but which ones were rationed like England?
No more I think as the English were they people who had the most strict rules ,if this is for home work don't use as it is my own thought and not proven right
What businesses that have invested in the recession?
I think one can go for commodities. Commodities like Gold and Silver can be a better option. To invest in commodity market get tips from http://www.capitalvia.com.
What two things were rationed?
Cigarettes and meat were the main rationed items
What is a Sentence using the word rationed?
During World War II many products were rationed, including butter and sugar,Caught in a snowstorm when the car broke down, the family rationed the little food they had with them.
Who was rationed in the World War 2?
Many of the countries who fought in ww2 were rationed. Food and gasoline were two main items that were rationed in ww2.
What 5 foods were not rationed?
Water was not rationed. Potatoes were not rationed because they were plentiful in the USA but in England they were rationed. Depending on which country or area where you lived pork meats were not rationed. Things like salt. baking soda, spices, vanilla, baking powder were not on the ration lists. Some medicines were not rationed but antibiotics and medicines needed in the war front were rationed amongst the medical facilities. In the USA some vegetables and fruit did not need to be rationed but the people were encouraged to grow victory gardens so the vegetables and fruits used in the military forces' rations and kitchens could be plentiful. In England they had rationing for ten years and it was for an extensive list of things. Cars were not rationed because they discontinued building cars in both countries. The gasoline was rationed as well as tires. Blackout Drapery and Curtains were not rationed. Sand bags were not rationed. Things like dishes, photos, stationary, etc were not rationed.
Why was soap rationed during World War 2?
Yes it was. Almost everything was rationed!
