Difference between revisions of "Commodity"

Revision as of 14:06, January 24, 2010

Page Corrected by Anon. Anon is legion. Anon does not forgive. Anon does not forget.

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-A '''commodity''' in [[economics]] is a [[goods|good]], such as [[food]], [[metal]]s or [[grain]]s, which is interchangeable with similar [[goods]], and which is available in large quantities.
+Page Corrected by Anon. Anon is legion. Anon does not forgive. Anon does not forget.
-Investors can buy or sell on [[commodity exchange|commodities exchanges]] using [[futures contract]]s.
-More generally, a commodity is any good in a [[competitive]] [[market]].
-In general parlance, a commodity is a good where the good supplied is indistinguishable from one supplier to another.  A consumer, then, only considers price when making a purchasing decision.  In recent years, computers have become a commodity.
-[[Category:Economics]]