Thursday, September 17, 2015

4

In economics, a good is a material that satisfies human wants[1] and provides utility, for example, to a consumer making a purchase. A common distinction is made between 'goods' that are tangible property (also called goods) and services, which are non-physical.[2] Commodities may be used as a synonym for economic goods but often refer to marketable raw materials and primary products.[3]
Although in economic theory all goods are considered tangible, in reality certain classes of goods, such as information, only take intangible forms. For example, among other goods an

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