Question

only scarce goods attract price. True or False​

Answer 1

Explanation:

hie

this is because supply is much lower than demand. the curves will intersect at higher price. As we have limited resources in our economy and to take advantage or use that limited resources, we are ready to buy any product at any price.so, this is the only reason that only scarce goods attract price.

Answer 2

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❤️ Answer ❤️

True...