Topic Videos
Free Goods
- Level:
- AS, A-Level, IB
- Board:
- AQA, Edexcel, OCR, IB, Eduqas, WJEC, NCFE
Last updated 3 Oct 2021
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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