As an advisor, are you the equivalent of an “economic good” or a “free good?”

As you learned in Economics 101, an economic good is something that is useful to people but scarce relative to its demand. For example, the iPad is an economic good because it is in high demand and people have to make an effort to purchase one.

Register or login for access to this item and much more

All Financial Planning content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Don't have an account? Register for Free Unlimited Access