Answer: The answer is as follows:
Explanation:
1. Good : Goods refers to an item or material that can be used by the consumer to satisfy their wants and it is tangible in nature. For example; mobile phone, pen, pencil, etc.
2. Service: Service is intangible in nature. Service is provided by the other person which includes medical services by doctors, travelling services, etc.
3. Free good: A free good is a good that is available at a zero price and a good that is not scarce in quantity. For example; ideas, web page, sunlight, etc.
