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Seawater, fre...

Question

Seawater, fresh air, etc are regarded in Economics as _________.

A

giffen goods

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B

inferior goods

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C

free goods

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D

normal goods

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Solution

The correct option is C free goods
Sea water,fresh air,etc are regarded as free goods in economics as these are natural resources and hence these are the free gifts of nature.These resources also possess unlimited availability.

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