What Is The Difference Between Goods And Commodity?


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Prateek Kapoor Profile
Prateek Kapoor answered
Goods are something that are tangible and fulfill human wants and desires. Commodities are a class of goods for which there is demand, but which is supplied without qualitative differentiation across a market. These are partly or wholly fungible.
Anonymous Profile
Anonymous answered
Goods are tangible products that can seen, felt, touched while commodity can be either goods or services (intangible products)

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