John has decided to watch the sunrise tomorrow morning. The sunrise is an example of

Question

Quizplus · Accepted Answer

The sunrise is not a good or a service that can be bought or sold in the marketplace, nor is it capable of generating income or satisfying human wants and needs. Therefore, it is not an economic good or a service. However, it can be considered a natural beauty, an experience, or a personal enjoyment, which falls under the category of non-economic goods or free goods.

John Has Decided to Watch the Sunrise Tomorrow Morning