Answer :
The amount at which a good or service is sold separately under similar circumstances is referred to as the stand-alone selling price.
In economics, goods are those items that satisfy a human need and provide utility, for example, to a consumer purchasing a satisfying product. A common distinction is made between transferable goods and non-transferable services.
A commodity is an “economic good” if it is useful to people but is scarce compared to its needs, so people need to work hard to obtain it. In contrast, free goods, such as air, are naturally abundant and require no conscious effort to obtain them.
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