Economy, asked by hayuvaraj95, 7 months ago

20. What are economic goods?
21. What are public goods?​

Answers

Answered by Anonymous
5

20. a product or service which can command a price when sold.

"water is an economic good and should be treated as such"

21. a commodity or service that is provided without profit to all members of a society, either by the government or by a private individual or organization.

Answered by baljinderkaur54
0

Answer:

20. economics, goods are items that satisfy human wants and provide utility, for example, to a consumer making a purchase of a satisfying product.

21.Public goods are those that are both non-excludable and non-rivalrous. IN other words, the supplier cannot prevent people from using the good, nor will its consumption prevent others from accessing it.

Explanation:

please Mark me as brainliest

Similar questions