Economy, asked by frost113, 7 months ago

Explain the difference between a free food and an economic good

Answers

Answered by radhika6719
4

Explanation:

A consumable item that is useful to people but scarce in relation to its demand, so that human effort is required to obtain it. In contrast, free goods (such as air) are naturally in abundant supply and need no conscious effort to obtain them.

Answered by Anonymous
10

Answer:

Hey there

Great Question

Here's your answer

A consumable item that is useful to people but scarce in relation to its demand, so that human effort is required to obtain it. In contrast, free goods (such as air) are naturally in abundant supply and need no conscious effort to obtain them.

Hope this helped you. ♥

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