Economy, asked by srimantichatterjee, 3 months ago

Explain five difference between Economic Goods and Free Goods.​

Answers

Answered by ImRoyalqueen
1

Answer:

hope it helps u

Explanation:

An economic good is a good or service that has a benefit (utility) to society. ... This is in contrast to a free good (like air, sea water) where there is no opportunity cost – but abundance. Free goods cannot be traded because nobody living by the sea would buy seawater – there is no point.

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