Question

Explain any 4 types of goods & services

Answer 1

There are four different types of goods in economics which can be classified based on excludability and rivalrousness: private goods, public goods, common resources, and club goods. Private Goods are products that are excludable and rival. Public goods describe products that are non-excludable and non-rival.

Answer 2

Explanation:

The four types of goods: private goods, public goods, common resources, and natural monopolies

I HOPE YOU UNDERSTAND

I HOPE YOU UNDERSTAND MARK AS BRAINLEST