what is the differece between commodity and product?
57 Views|Posted 2012-04-21 13:06:41
Asked by Dharm Bir Longia
1 Answer
Answered by
2012-04-21 13:25:46
Hi Dharm.
Product is a substance produced and sold by the manufacturer. A commodity is a substance procurred from a place of abundant and inexpensive supply and traded at a place where demand for that exist.
All the best.
Regards.
Gijoo
Upvote 
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