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5. When things become more scarce, do they become more or less valuable?
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5. When things become more scarce, do they become more or less valuable?

User Jackal
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2 Answers

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It becomes more valuable because if it is scarce there is not a lot of that item
User Walruz
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Answer:

They become more valuable

Step-by-step explanation:

(similar to previous qn) when supply decreases and demand remains constant, people would have to pay more to obtain the item.

The value of the item would then increase.

User Laszchamachla
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