Goods
Tangible or intangible thing, except a service, that satisfies human wants and provides utility
Nº Q28877 ★★★
Rare · Knowledge
Goods
Tangible or intangible thing, except a service, that satisfies human wants and provides utility
In economics, goods are anything that is good, usually in the sense that it provides welfare or utility to someone. Goods can be contrasted with bads, i.e. things that provide negative value for users, like chores or waste products. A bad lowers a consumer's overall welfare.
Last price
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7-day median
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30-day sales
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In circulation
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Price history
median
low – high
sales
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Sales history
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- 30-day average
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- Sales 7d
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- Sales 30d
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No sales yet.
Anonymous sales: no buyer or seller shown. Figures count player-to-player sales only.
From Wikipedia
In economics, goods are anything that is good, usually in the sense that it provides welfare or utility to someone. Goods can be contrasted with bads, i.e. things that provide negative value for users, like chores or waste products. A bad lowers a consumer's overall welfare. Economics focuses on the study of economic goods, i.e. goods that are scarce; in other words, producing the good requires expending effort or resources. Economic goods contrast with free goods such as air, for which there is an unlimited supply. Goods are the result of the secondary sector of the economy which involves the transformation of raw materials or intermediate goods into goods.
Text: Wikipédia, CC BY-SA 4.0. · Image: Unknown authorUnknown author or not provided (Public domain) ·
