what is demand ?and what is free goods?
Answers
The law of demand, whereby the quantity demanded of a good increases monotonically with a decrease in its price, is one of the most basic tenets of economics. ... A good is free if the pecuniary cost of consumption is zero even though the good has a positive market price.
Answer:
In economics, demand is the quantity of a good that consumers are willing and able to purchase at various prices during a given period of time. The relationship between price and quantity demanded is also called the demand curve.
Explanation:
A free good is a good that is not scarce, and therefore is available without limit. A free good is available in as great a quantity as desired with zero opportunity cost to society. A good that is made available at zero price is not necessarily a free good.