The following are examples of economic goods except
...The following are examples of economic goods except
Bottled water
Air
Household utensils
Shelter
Correct answer is B
An economic good is a good or service that has a benefit (utility) to society. Also, economic goods have a degree of scarcity and therefore an opportunity cost. This is in contrast to a free good (like air, sea, water) where there is no opportunity cost.
Air is a free good and not an economic good.
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