read the sentence.\nfrom the economic report of the president\nhowever, experience within the past year has…

read the sentence.\nfrom the economic report of the president\nhowever, 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.\n(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, a commodity is a basic good used in commerce that is interchangeable with other goods of the same type. It can be bought and sold. So, something that can be purchased is the correct definition.
Answer:
- something that can be purchased