Difference between revisions of "Free good"

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(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.)
 
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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.
 
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.
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[[category:economics]]

Revision as of 20:06, July 19, 2007

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.