What Is The Difference Between Goods And Commodity?

2

2 Answers

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)

Answer Question

Anonymous