Milk is considered a commodity because it is?

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mjchey · Answer

Milk is considered a commodity because it is the same product regardless of who sells it. your welcome hope that helped :)

mjchey · Answer

Milk is classified as a commodity because it is a homogenous product that consumers perceive as identical regardless of the producer. Its price is influenced by overall market dynamics rather than individual branding. This means that all milk is interchangeable in the eyes of the consumer, leading to standard pricing in the market. 
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Milk is considered a commodity because it is?

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