Matches in DBpedia 2014 for { <http://dbpedia.org/resource/Commodity> ?p ?o. }
Showing items 1 to 44 of
44
with 100 items per page.
- Commodity abstract "In economics, a commodity is a marketable item produced to satisfy wants or needs. Economic commodities comprise goods and services.The exact definition of the term commodity is specifically used to describe a class of goods for which there is demand, but which is supplied without qualitative differentiation across a market. A commodity has full or partial fungibility; that is, the market treats its instances as equivalent or nearly so with no regard to who produced them. "From the taste of wheat it is not possible to tell who produced it, a Russian serf, a French peasant or an English capitalist." Petroleum and copper are other examples of such commodities, their supply and demand being a part of one universal market. Items such as stereo systems, on the other hand, have many aspects of product differentiation, such as the brand, the user interface and the perceived quality. The demand for one type of stereo may be much larger than demand for another.In contrast, one of the characteristics of a commodity good is that its price is determined as a function of its market as a whole. Well-established physical commodities have actively traded spot and derivative markets. Generally, these are basic resources and agricultural products such as iron ore, crude oil, coal, salt, sugar, tea, coffee beans, soybeans, aluminum, copper, rice, wheat, gold, silver, palladium, and platinum. Soft commodities are goods that are grown, while hard commodities are the ones that are extracted through mining.There is another important class of energy commodities which includes electricity, gas, coal and oil. Electricity has the particular characteristic that it is usually uneconomical to store; hence, electricity must be consumed as soon as it is produced.Commodification (also called commoditization) occurs as a goods or services market loses differentiation across its supply base, often by the diffusion of the intellectual capital necessary to acquire or produce it efficiently. As such, goods that formerly carried premium margins for market participants have become commodities, such as generic pharmaceuticals and DRAM chips. Another example suggested by the New York Times is multivitamin supplements; a 50 mg tablet of calcium is of equal value to a consumer no matter what company produces and markets it, and as such, multivitamins are now sold in bulk and are available at any supermarket with little differentiation among brands. Following this trend, nanomaterials are emerging from carrying premium profit margins for market participants to a status of commodification.There is a spectrum of commodification, rather than a binary distinction of "commodity versus differentiable product". Few products have complete undifferentiability and hence fungibility; even electricity can be differentiated in the market based on its method of generation (e.g., fossil fuel, wind, solar). Many products' degree of commodification depends on the buyer's mentality and means. For example, milk, eggs, and notebook paper are considered by many customers as completely undifferentiable and fungible; lowest price is the only deciding factor in the purchasing choice. Other customers take into consideration other factors besides price, such as environmental sustainability and animal welfare. To these customers, distinctions such as "organic versus not" or "cage free versus not" count toward differentiating brands of milk or eggs, and percentage of recycled content or forestry council certification count toward differentiating brands of notebook paper.".
- Commodity thumbnail Mate_mit_Stengeln.jpg?width=300.
- Commodity wikiPageExternalLink papers.cfm?abstract_id=592262.
- Commodity wikiPageExternalLink global-commodity-markets.
- Commodity wikiPageID "48218".
- Commodity wikiPageRevisionID "606477022".
- Commodity footer "Yerba mate , coffee bean and tea , all used for caffeinated infusions, are commodity cash crops.".
- Commodity hasPhotoCollection Commodity.
- Commodity image "Coffee Beans Photographed in Macro.jpg".
- Commodity image "Loose leaf darjeeling tea twinings.jpg".
- Commodity image "Mate mit Stengeln.jpg".
- Commodity width "100".
- Commodity width "150".
- Commodity subject Category:Business_terms.
- Commodity subject Category:Commodities.
- Commodity subject Category:Commodities_used_as_an_investment.
- Commodity comment "In economics, a commodity is a marketable item produced to satisfy wants or needs. Economic commodities comprise goods and services.The exact definition of the term commodity is specifically used to describe a class of goods for which there is demand, but which is supplied without qualitative differentiation across a market. A commodity has full or partial fungibility; that is, the market treats its instances as equivalent or nearly so with no regard to who produced them.".
- Commodity label "Commodity".
- Commodity label "Commodity".
- Commodity label "Commodity".
- Commodity label "Commodity".
- Commodity label "Commodité".
- Commodity label "Handelsware".
- Commodity label "Mercancía (economía)".
- Commodity label "Towar".
- Commodity label "Биржевой товар".
- Commodity label "سلعة أساسية".
- Commodity label "日用品".
- Commodity sameAs Komodita.
- Commodity sameAs Handelsware.
- Commodity sameAs Mercancía_(economía).
- Commodity sameAs Commodité.
- Commodity sameAs Komoditas.
- Commodity sameAs Commodity.
- Commodity sameAs 상품.
- Commodity sameAs Commodity.
- Commodity sameAs Towar.
- Commodity sameAs Commodity.
- Commodity sameAs m.0cxp1.
- Commodity sameAs Q317088.
- Commodity sameAs Q317088.
- Commodity wasDerivedFrom Commodity?oldid=606477022.
- Commodity depiction Mate_mit_Stengeln.jpg.
- Commodity isPrimaryTopicOf Commodity.