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Free Goods

Level:
A-Level, IB Diploma
Board:
AQA, Edexcel, Eduqas, IB, NCFE, OCR, WJEC

Last updated 3 Oct 2021

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In this short video, we revise the idea of free goods.

Free goods do not use up any factor inputs when supplied. Free goods have a zero-opportunity cost which means that the marginal cost of supplying an extra unit is zero.

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