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Grade: 12

                        

Which of the following is an economic good? A Sunshine B Air C Rainfall D A bottle of water

one month ago

Answers : (1)

ankit singh
askIITians Faculty
596 Points
							

 

Goods are divided as free goods and economic goods. Free goods are those goods which are free of cost and economic goods are available for a particular price. Among the given options, sunshine, rainfall and air are examples of free goods and a bottle of water is an example of economic good.
 
one month ago
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