Definition of Economic Good

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Definition: An economic good is a physical object or service that has value to people and can be sold for a non-negative price in the marketplace.

Terms related to Economic Goods:

About.Com Resources on Economic Goods:
  • A Basket of Goods 32 Years Ago Compared to Now
  • Market for Prohibitied Goods
  • A Public Good Through the Eyes of College Freshmen
Writing a Term Paper? Here are a few starting points for research on Economic Goods:

Journal Articles on Economic Goods:

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Your Citation
Moffatt, Mike. "Definition of Economic Good." ThoughtCo, Nov. 25, 2014, Moffatt, Mike. (2014, November 25). Definition of Economic Good. Retrieved from Moffatt, Mike. "Definition of Economic Good." ThoughtCo. (accessed December 17, 2017).