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Line 1: − A good, like a [[commodity]], is a tangible item capable of being sold and delivered by a seller to a buyer. Goods are contrasted with [[services]].+ +
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In economics, a good is anything which is desirable, or which has positive [[utility]]. Not all goods can be traded (or even obtained). Goods which are tangible items capable of being sold are termed a [[commodity]], and those which are intangible but still capable of being sold are termed [[services]].
[[Category:Economics]]
[[Category:Economics]]