A landscaper purchases a lawnmower, a rake, a truckload of gravel, and a chainsaw. Which of these four goods would most likely be considered as a commodity?

Question

a truckload of gravel

a lawnmower

a rake

a chainsaw

Answer 1

A truckload of gravel would most likely be considered a commodity. Commodities are typically raw materials or basic goods that are interchangeable with other goods of the same type and are usually produced and sold in bulk. Gravel, as a natural resource used in various construction and landscaping projects, fits this definition. In contrast, the lawnmower, rake, and chainsaw are more specialized goods with specific designs and functions, making them less likely to be classified as commodities.