Free goods are usually efficiently allocated without government intervention.

Name: Free goods are usually efficiently allocated without government intervention.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Free goods, such as air or sunlight, are abundant and do not require allocation mechanisms. However, when discussing goods in an economic context, "free" often refers to goods without a price tag, which can lead to overconsumption or misuse, potentially necessitating government intervention to ensure efficient and sustainable use.

Free Goods Are Usually Efficiently Allocated Without Government Intervention