Social Sciences, asked by zualil61, 6 months ago

give an example of any commodity you discard to purchase due to increase in its price any commodity you purchase more due to decrease in its price?​

Answers

Answered by tasmiyataleha16
1

Answer:

Luxury commodities like precious metals & lifestyle goods like real estate are not preferred to be purchased when there is inflation and price rise. The same items are preferred to be purchased when their prices are low.

Purchasing such goods when their prices are low and selling them when their price is high can prove to be a smart investment decision.

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