Economics A Level: What are Free Goods? Use Air as an Example

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What are Free Goods? Use Air as an Example

go kys · Accepted Answer

-Air is not a Scarce Resource - Everyone can have as much as they'd like. But since there's enough to Satisfy Everyone, then it is Impossible to Sell Air. 
-This is Free Goods: Goods that People get for Free and that there's little point to Sell, as why Buy Something you get for Free.

Economics A Level

What are Free Goods? Use Air as an Example

-Air is not a Scarce Resource - Everyone can have as much as they'd like. But since there's enough to Satisfy Everyone, then it is Impossible to Sell Air. -This is Free Goods: Goods that People get for Free and that there's little point to Sell, as why Buy Something you get for Free.

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