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Give the definition of goods. - Economic Applications

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Question

Give the definition of goods.

Definition
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Solution

The definition of “goods” is anything that can satisfy a human want is called a good in economics.

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Chapter 1: Meaning and Definition of Economics - QUESTION BANK [Page 16]

APPEARS IN

J. P. Goel and Kaushal Goel Economic Applications [English] Class 9 ICSE
Chapter 1 Meaning and Definition of Economics
QUESTION BANK | Q 5. | Page 16
J. P. Goel and Kaushal Goel Economics [English] Class 9 ICSE
Chapter 1 Introduction to Economics
QUESTION BANK | Q 4. | Page 14
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