ECONOMICS
MONEY
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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A product that can be used to satisfy a want or need.
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Scarcity
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Dividends
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Goods
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Liability
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Explanation:
Detailed explanation-1: -2. A commodity is anything that can be offered to market to satisfy a want or need.
Detailed explanation-2: -Answer and Explanation: Consumers satisfy their wants through purchasing goods and services for consumption purposes. In the global market, the satisfaction of needs and wants is achieved through international trade. In other words, importing and exporting different products and services promote global consumption.
Detailed explanation-3: -Metals, fossil fuels, water, sunlight, soil, and wind are natural resources. Examples of how humans use natural resources include vehicles, clothing, building materials, and energy.
There is 1 question to complete.