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_________ are the undifferentiated goods in which one producer's product is differentiated from another producer's product; field corn and iceberg lettuce are examples of this type of good.

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Commodities are the undifferentiated goods in which one producer's product is differentiated from another producer's product; field corn and iceberg lettuce are examples of this type of good.

A commodity is a product that is grown and sold. It's an agricultural product mainly, and some raw materials. Potatoes, coffee, copper and cotton are examples of commodities as well.
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