Business Studies, asked by sanket4847, 10 months ago

explain the various types of goods​

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Answered by nazhiyafarhana
1

Answer:

Explanation:

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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.

Answered by rajkumarprasad7599
1

Answer:

Hey mate here is your answers

Explanation:

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.

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