Which of the following is NOT an example of a commodity?
A) Concrete
B) Furnace for a new steel mill
C) Sugar
D) Office supplies
E) Salt

Question

Quizplus · Accepted Answer

A commodity is a basic good used in commerce that is interchangeable with other goods of the same type. The furnace for a new steel mill is not considered a commodity because it is a specialized piece of equipment, not a basic, interchangeable good like concrete, sugar, office supplies, or salt.

Which of the Following Is NOT an Example of a Commodity