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What is Economic Goods

In the field of economics, goods are defined as products that fulfill human wants and provide some sort of utility, such as when a buyer makes a purchase of a product that meets their needs. It is usual practice to differentiate between services, which cannot be transferred, and products, which may be moved from one person to another.

How you will benefit

(I) Insights, and validations about the following topics:

Chapter 1: Goods

Chapter 2: Microeconomics

Chapter 3: Utility

Chapter 4: Free-rider problem

Chapter 5: Public good (economics)

Chapter 6: Service (economics)

Chapter 7: Information good

Chapter 8: Consumer choice

Chapter 9: Normal good

Chapter 10: Substitute good

Chapter 11: Welfare economics

Chapter 12: Rivalry (economics)

Chapter 13: Private good

Chapter 14: Club good

Chapter 15: Goods and services

Chapter 16: Common-pool resource

Chapter 17: Excludability

Chapter 18: Local nonsatiation

Chapter 19: Common good (economics)

Chapter 20: Property rights (economics)

Chapter 21: Index of economics articles

(II) Answering the public top questions about economic goods.

(III) Real world examples for the usage of economic goods in many fields.

(IV) Rich glossary featuring over 1200 terms to unlock a comprehensive understanding of economic goods

Who this book is for

Professionals, undergraduate and graduate students, enthusiasts, hobbyists, and those who want to go beyond basic knowledge or information for any kind of economic goods.

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