Question

Which object is likely to have the most value based on the concept of scarcity? a flowering plant a silver necklace a new coffee table a crop of oranges

Answer 1

Depending upon the given Information the value of sliver necklace would be more . As for now in those items, silver remains costlier. Again it me depends upon certain situations , Just remember , Lower the supply, More costlier the good is.

Answer 2

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The object that is likely to have the most value based on the concept of scarcity is a Silver necklace

Based on the concept of scarcity , the objects that is harder to obtain tend to get a higher value. In most cases, jewelry tend to have more value than agricultural products

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