Economy, asked by gurvindersingh6234, 1 year ago

Distinguish between free goods and economic goods

Answers

Answered by Karishmadbm
1
Free goods are available in nature and in abundance.man doesnt need to incur any expenditure to own them.For eg.air n sunlight
whereas economic goods are not availble in plenty.they are scarcely available.so man has to spend money to use them.
For eg.a free lunch is given to labours but it is paid at total by his management.
#hopes it helps....^_^
Answered by ABHISHEK851101
5

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