Question

"however experience within the past year has demonstrated, on a small scale, some of the dangers that may result from holding the support level for any commodity too high"

What does the word commodity mean?
1. something expensive
2. something complicated
3. something that can be purchased
4. something that can be difficult to obtain

Answer 1

3. commodity’s definition deals with money

Answer 2

The word commodity means is something that can be purchased, Thus, option "C" is correct.

What do you mean by the term commodity?

According to WordReference Random House Learner's Dictionary of American English, commodity is defined as "an article of trade or commerce, especially a product that can be bought or sold." This definition fits Something of value that can be bought, sold, or traded, so it is the correct answer.

Thus, option "C" is correct.

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