Many ____, Such as Wheat, Sugar, and Crude Oil, Are

question 76

Multiple Choice

Many ____, such as wheat, sugar, and crude oil, are still traded in markets.

• A)commodities
• B)integrated items
• C)products
• D)transactions

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Definitions:

Optimal Method

The most efficient way of achieving a desired outcome or solving a problem, based on current resources and conditions.

Minimizes Cost

The process or strategy of reducing expenses to the lowest possible level.

Labor Intensive

A production process or industry that requires a large amount of labor input compared to capital input.

Alternative Technologies

Alternative technologies refer to new or substitute technological solutions that differ from existing methods, often offering improvements in efficiency or sustainability.