Question 18 of 27
Q.Environmental goods are ________.
(a) Market goods
(b) Non-market goods
(c) Both
(a) and
(b)
(d) None of the above
Puducherry TnboardTamil Nadu HSC (DGE) Commerce Board 2023MCQ· 1mImportance★★★★★
67% · 18/27 Questions
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Start your 14-day free trial to unlock the full solution →Environmental goods are non-market goods, so option (b) is correct.
In the environmental-economics topic of the Tamil Nadu HSC Commerce syllabus, environmental goods — such as clean air, water, forests, biodiversity and natural landscapes — are not traded in ordinary markets and have no explicit market price. They are freely available public/common goods.
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