Take ten different types of goods and classify them in 'Free goods and economics goods, 'Consumers goods and producers goods' and 'Private goods and public goods
plz be fast
❤❤❤❤❤
Answers
Answer:
Examples of public goods include fresh air, knowledge, lighthouses, national defense, flood control systems, and street lighting. Streetlight: A streetlight is an example of a public good. It is non-excludable and non-rival in consumption. Public goods can be pure or impure.
a resource, such as sunlight or air, which is so abundant that its availability is not a constraint on economic activity.
goods bought and used by consumers, rather than by manufacturers for producing other goods.
Producer goods, also called intermediate goods, in economics, goods manufactured and used in further manufacturing, processing, or resale. Producer goods either become part of the final product or lose their distinct identity in the manufacturing stream.
Explanation:
please follow me and thank me
Science, any system of knowledge that is concerned with the physical world and its phenomena and that entails unbiased observations and systematic experimentation. In general, a science involves a pursuit of knowledge covering general truths or the operations of fundamental laws.