The Main Difference Between a Free Good and an Economic

question 101

Multiple Choice

The main difference between a free good and an economic good is that:

• A)it is not produced.
• B)no one desires any amount.
• C)it is not tradable.
• D)it is not scarce.
• E)none of the above.

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Definitions:

Rotator Cuff

A group of muscles and tendons surrounding the shoulder joint, providing stability and allowing a wide range of movements.

Nucleus Pulposus

The gel-like center of an intervertebral disc which helps absorb shock and provide flexibility to the spine.

Medial Epicondyle

A bony protrusion on the inner side of the humerus where certain tendons of the forearm muscles attach.

Glenohumeral Joint

The ball-and-socket joint of the shoulder, allowing for a wide range of arm movements.