Question

Explain the features of wealth
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Answer 1

Answer:

The features of wealth are as follows: Utility: The commodities that have the capacity to satisfy human wants are included in wealth. ... Scarcity: The commodities Which are limited (scarce) in supply in relation to their demand are included in wealth. For example, all economic goods for Which prices are paid are wealth.

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Answer 2

$\huge\mathrm\pink{Answer:}$

The features of wealth are as follows: Utility: The commodities that have the capacity to satisfy human wants are included in wealth. Scarcity: The commodities Which are limited (scarce) in supply in relation to their demand are included in wealth. For example, all economic goods for Which prices are paid are wealth.

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