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What qualifications do I need to become a commodities trader?
If you want to become commodity trader and trade for yourself then you do not need any qualifications, by law. To become successful commodity trader you need much more than educational qualifications. Strong financial backing, complete knowledge of market and risk taking capacity are very necessary.
Why has freshwater become a scarce commodity?
Freshwater has become a scarce commodity due to a combination of factors including population growth, urbanization, and climate change, which have increased demand and altered precipitation patterns. Pollution from agricultural runoff and industrial waste further degrades water quality, limiting the availability of clean water. Additionally, over-extraction of groundwater and mismanagement of water resources contribute to the depletion of freshwater supplies. As a result, many regions face significant water stress, impacting ecosystems and human livelihoods.
How does the diminish marginal utility and price of superior goods determine negative slope in demand curve?
1. because of substitution effects: When the price of a commodity falls, it become relatively cheaper than other commodities. This induces the consumer to substitute the commodity whose the price has fallen for other commodities, which have now become relatively expensive 2. Income Effect: When the price of the commodity falls, consumers can buy more quantity of commodities with the given income as a result of a fall in the price of that commodity 3. Number of consumers: When more numbers of consumers start buying the commodity, because some of them previously was not afford to buy it. 4. Various use of that commodity 5. Law of diminishing marginal utility
How can Fixed costs become variable costs?
fixed cost can become the variable coat because when the commodity meets so many competitors in the market it would become the variable cos in other for consumers to purchase it.
Why did Pittsburgh become an industrial center?
it was located near a large supply of coalnovanet answer
Why has water became an economic commodity?
Water has NOT become an economic commodity. Clean drinking water, however has become economic commodity since there is a limited supply of it available on Earth.
Do you need a degree to become a commodity trader?
no
When do scientific method become valuable?
scientific method become valuable internalized as a process to solve a problem
What does the statement 'information is a commodity' mean?
A commodity is something that can be bought and sold. In the case of information, lots of information is free (for example, I am not charging you for answering your question) but nonetheless, information is often bought and sold. Experts get paid very well for their expertise.
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 qualifications do I need to become a commodities trader?
If you want to become commodity trader and trade for yourself then you do not need any qualifications, by law. To become successful commodity trader you need much more than educational qualifications. Strong financial backing, complete knowledge of market and risk taking capacity are very necessary.
Why has freshwater become a scarce commodity?
Freshwater has become a scarce commodity due to a combination of factors including population growth, urbanization, and climate change, which have increased demand and altered precipitation patterns. Pollution from agricultural runoff and industrial waste further degrades water quality, limiting the availability of clean water. Additionally, over-extraction of groundwater and mismanagement of water resources contribute to the depletion of freshwater supplies. As a result, many regions face significant water stress, impacting ecosystems and human livelihoods.
Why Did clocks become important during the industrial revolution?
Clocks became important during the Industrial Revolution as they facilitated the synchronization of labor and production processes in factories. The shift from agrarian to industrial societies required precise timekeeping to maximize efficiency and ensure that workers adhered to strict schedules. This emphasis on punctuality in both work and transportation, such as trains, helped streamline operations and boost productivity, ultimately transforming economic and social structures. As a result, time became a crucial commodity in the rapidly changing industrial landscape.
Some individuals or families can become completely saturated with a service such as television This suggests that?
desires for a single commodity can be satisfied
Do stock brokers need to be well educated in commodity ETFS?
Well in order to become a stock broker you would need to have training in Finance all around, which includes Commodity ETFS. The commodity ETFS are exchange traded funds that can be purchased on US stock exchanges, which is part of a brokers job, nonetheless.
How does the diminish marginal utility and price of superior goods determine negative slope in demand curve?
1. because of substitution effects: When the price of a commodity falls, it become relatively cheaper than other commodities. This induces the consumer to substitute the commodity whose the price has fallen for other commodities, which have now become relatively expensive 2. Income Effect: When the price of the commodity falls, consumers can buy more quantity of commodities with the given income as a result of a fall in the price of that commodity 3. Number of consumers: When more numbers of consumers start buying the commodity, because some of them previously was not afford to buy it. 4. Various use of that commodity 5. Law of diminishing marginal utility
What is the Equipment you need to become a model?
You do not need any equipment in order to become a model. You are selling yourself as a product/commodity so there are no additional requirements or equipment needed.
