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Commodity is what is used to produce a Goods.Goods gets to the end user.
Example; Flour (commodity) and Bread (Goods).
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∙ 13y ago
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Accurately explains the difference between the stock market and the commodity market?
Ownership in companies is traded in the stock market while ownership of raw, unprocessed goods is traded in the commodity market.
What is commodity trading or exchange?
commodity trading is the trading of primary products on exchange. spot trading and future trading of comodities are done to take advantage of difference between current and future prices.
What are the benefit of commodity exchange?
benefit between commodity exchange
Difference between potential demand from effective demand?
effective demand is the willingness and desire to have a commodity backed by purchasing power whereas potential demand is the willingness and desire to have a commodity not backed by purchasing power
Which is most accurately explains why commodity money has value?
A commodity is a good that is worth money, there is no such thing as "commodity money". So if you have a good that was purchased from a vendor that is by definition a commodity, its value is whatever you paid for it, my suggestion is a mark up and that is its profit.
4 similarities between money & commodity?
What is the difference between money and commodity? Commodity money is a sort of money that is considered as a present good. Whereas, fiat money is a future obligation as it is simply a promise to pay in the future. Payment is never made when it comes to fiat money, instead it is only discharged. But commodity money, on the other hand, completes the transaction.
Difference between money and commodity?
Money:-A value that serves as a generally accepted medium of exchange. Money have indirect utility. Money cannot be pinpointed or specified.Commodity:-A reasonable homogeneous good or material that can bought and sold freely. The commodity have direct utility. The commodity can be pinpointed or specified.
Why is representative money more useful than commodity money?
What is the difference between commodity money and representative money
What is the difference between a stock or commodity broker and a stock or commodity trader?
A Trader is someone who buys/sells stocks or commodities. A Broker is one who helps the trader in his buying/selling
Accurately explains the difference between the stock market and the commodity market?
Ownership in companies is traded in the stock market while ownership of raw, unprocessed goods is traded in the commodity market.
What is commodity trading or exchange?
commodity trading is the trading of primary products on exchange. spot trading and future trading of comodities are done to take advantage of difference between current and future prices.
What are the benefit of commodity exchange?
benefit between commodity exchange
Difference between potential demand from effective demand?
effective demand is the willingness and desire to have a commodity backed by purchasing power whereas potential demand is the willingness and desire to have a commodity not backed by purchasing power
What is the difference between good in and good at?
There is no difference between the phrases, "good in" or "good at". If a person is good in Mathematics, they are also good at Mathematics.
What are difference between democratic governance and good governance?
difference between good governac and democracy
Difference between money and other commodities?
Money:-A value that serves as a generally accepted medium of exchange. Money have indirect utility. Money cannot be pinpointed or specified.Commodity:-A reasonable homogeneous good or material that can bought and sold freely. The commodity have direct utility. The commodity can be pinpointed or specified.
Which is most accurately explains why commodity money has value?
A commodity is a good that is worth money, there is no such thing as "commodity money". So if you have a good that was purchased from a vendor that is by definition a commodity, its value is whatever you paid for it, my suggestion is a mark up and that is its profit.
