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.

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mstend19 mstend19

17-09-2020

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

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