DefinitionIn economics, a commodity is an economic good or service that has full or substantial fungibility: that is, the market treats instances of the...
DefinitionDavid M. "Dave" Cote is an American businessman. Cote previously worked for General Electric and TRW Inc. before he was appointed chairman and chief...
DefinitionJohn Bates Clark was an American neoclassical economist. He was one of the pioneers of the marginalist revolution and opponent to the Institutionalist school...