Economy, asked by 916290669164, 2 months ago

define non economic good with examples in short​

Answers

Answered by mahesijjh
2

Non-economic goods are called free goods because they are free gifts of nature. They do not have any price and are unlimited in supply. Examples of non-economic goods are air, water, sunshine, etc. The concept of non-economic goods is relative to place and time.

Answered by lk4507099
9

Answer:

Non-economic goods are called free goods because they are free gifts of nature. They do not have any price and are unlimited in supply. Examples of non-economic goods are air, water, sunshine, etc. The concept of non-economic goods is relative to place and time.

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