mzkaryn2003 mzkaryn2003

17-09-2020
Business

contestada

5. When things become more scarce, do they become more or less valuable?

Respuesta :

josephine169 josephine169

17-09-2020

Answer:

They become more valuable

Explanation:

(similar to previous qn) when supply decreases and demand remains constant, people would have to pay more to obtain the item.

The value of the item would then increase.

Answer Link

mstend19 mstend19

17-09-2020

It becomes more valuable because if it is scarce there is not a lot of that item

Answer Link

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