A good for which one unit of the good is essentially the same as every other unit of the good is known as a(n) ________
A) infungible good
B) fungible good
C) identifiable good
D) minimalist good
E) allocated good

Question

Quizplus · Accepted Answer

Fungible goods are items that are interchangeable because each unit is essentially the same as every other unit, making them perfect for trade or exchange.

A Good for Which One Unit of the Good Is