however, experience within the past year has demonstrated, on a small scale, some of the dangers that may…

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. (from \the economic report of the president\ by president harry s. truman)\nwhat does the word commodity mean?\n1. something expensive\n2. something complicated\n3. something that can be purchased\n4. something that can be difficult to obtain

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. (from \the economic report of the president\ by president harry s. truman)\nwhat does the word commodity mean?\n1. something expensive\n2. something complicated\n3. something that can be purchased\n4. something that can be difficult to obtain

Answer

Brief Explanations:

In economics and general language, a commodity is a raw material or product that can be bought and sold. It is something that has value in the market and can be purchased.

Answer:

  1. something that can be purchased