1.

Some economist define a good as “free” if the amount desired is less than the amount
available when the price of the good is zero. Is this definition of “free” good equivalent to
the one in this chapter?
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2. Is it possible for a good to be free in one geographical location and “scare” in another? Is
it possible for a good to be free in one year and scare in another year? Provide example

3. What is the barter price of an hour of international economics tutoring? What is the barter
price of an hour of linear-algebra tutoring?
