Last modified on November 26, 2008, at 12:57

Free good

This is an old revision of this page, as edited by JohnC2 (Talk | contribs) at 12:57, November 26, 2008. It may differ significantly from current revision.

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.