A good or service for which there are many dealers supplying the same product, and all products in the segment are essentially identical is known as _______.

A good or service for which there are many dealers supplying the same product, and all products in the segment are essentially identical is known as _______. Correct Answer commodity

A good or service for which there are many dealers supplying the same product, and all products in the segment are essentially identical is known as commodity. A commodity is a basic good used in commerce that is interchangeable with other commodities of the same type. Commodities are most often used as inputs in the production of other goods or services.
Bissoy MCQ

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