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| Q. |
Seawater, fresh air, etc., are regarded in Economics as - |
| A. | Giffen goods |
| B. | inferior goods |
| C. | free goods |
| D. | normal goods |
| Answer» C. free goods | |
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Explanation: Free goods are what is needed by the society and is available without limits, The free good is a term used in economics to describe a good that is not scarce. A free good is available in as great a quantity as desired with zero opportunity cost to society. |
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