Which one of the following is a consumer good?
clean air
water
sunlight
soaps
An example for public good is
Roads
Motor cycles
Shoes
Cars
The goods which are produced by the private people are known as.
public goods
Private goods
Free goods
Consumer goods.
The goods whose supply is always limited when compared to its demand and have a price are known as
Economic goods
Public goods
Capital goods
The goods supplied by the government and meant for public use are
Consumer goods
An example for private good is
motorcycles
Which one of the following is a necessary good?
electric fan
T.V.
refrigerator
food
The goods which are used in the production of other commodities and which can satisfy human wants indirectly are known as
private goods
capital goods
Intermediary goods
Which one of the following can be satisfied by the consumption of goods and services?
Utility
demand
production
human wants
Which one of the following is a psychological state of experience?
utility
supply
desire
