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Which of the following is the best example of a fungible good?

A. shoes
B. potatoes
C. books
D. movies

2 Answers

4 votes

Answer:

potatoes

Step-by-step explanation:

apex

User Bactos
by
6.1k points
3 votes

The correct answer is Potatoes

A fungible good is that which can be interchanged with other individual goods of the same type. Goods possessing this fungibility property simplify the exchange and trade processes, as interchangeability assumes everyone values all goods of that class the same.

User Nubtacular
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5.8k points