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Q. What is Tradeable product?

Tradeable:A product (a service or good) is tradeable if its purchaser can purchase it far away from the place where it is produced. Most goods (other than perishable or extremely perishable products) are tradeable, and a number of services (like tourism and specialized business, financial and educational services) are also tradeable.

Microeconomics, Economics

  • Category:- Microeconomics
  • Reference No.:- M9579448

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