Question

what is the law of supply not applicable to rare goods​

Answer 1

Answer:

The goods that are rare such as artistic or precious goods have a limited supply. The supply of these goods cannot be increased according to their demand or rising prices. Thus, even if their price increases their supply cannot be increased. In this case, also the law of supply shall not apply.

Explanation:

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Answer 2

Answer:

The goods that are rare such as artistic or precious goods have a limited supply. ... Thus, even if their price increases their supply cannot be increased. In this case, also the law of supply shall not apply.