+An **economic good** is any item or service that is useful to people but scarce enough to command a price. Unlike a [Free Good](/wiki/Free_Good), its limited availability means consumers must make choices or incur [Cost](/wiki/Cost) to acquire it.
+## See also
+- [Scarcity](/wiki/Scarcity)
+- [Utility](/wiki/Utility)
+- [Supply and Demand](/wiki/Supply_and_Demand)
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