Difference between revisions of "Free good"
From Conservapedia
(New page: A free good is a good that is not scarce. It is a good which has a supply that always exceeds demand even at a price of zero. An example of a free good is air.) |
DavidB4-bot (Talk | contribs) (→top: clean up & uniformity) |
||
(6 intermediate revisions by 6 users not shown) | |||
Line 1: | Line 1: | ||
− | A free good is a good that is not scarce. It is a good which has a supply that always exceeds demand even at a price of zero. | + | A '''free good''' is a good that is not [[scarce]]. It is a good which has a [[supply]] that always exceeds [[demand]] even at a price of zero. Examples of free goods are air and seawater at sea or near the coast. |
+ | |||
+ | [[Category:Economics]] |
Latest revision as of 13:11, July 13, 2016
A free good is a good that is not scarce. It is a good which has a supply that always exceeds demand even at a price of zero. Examples of free goods are air and seawater at sea or near the coast.