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16 June, 08:04

Which type of good is interchangeable with another good?

A. substitute

B. normal

C. fungible

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Answers (1)
  1. 16 June, 08:21
    0
    The right option is; C. fungible

    Fungible goods are goods or substances that are interchangeable with another good or can be substituted for something of equal value, properties or utility. Fungible goods can be exchanged for commercial purposes. Fungible goods include gold, sweet crude oil, currencies, company shares and bonds.
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