Which object is likely to have the most value based on the concept of scarcity?
A. a flowering plant
B. a silver necklace
C. a new coffee table
D. a crop of oranges
Answer (2)
The object likely to have the most value based on the concept of scarcity is B. a silver necklace, due to its composition of limited and precious materials. Other items like a flowering plant and a new coffee table are more common, while a crop of oranges varies in availability. Therefore, the silver necklace stands out as the most valuable option.
;
The object likely to have the most value based on scarcity is a silver necklace, as it is made from precious metals that are not readily available. Other items like a flowering plant and a new coffee table are more commonly available and thus less valuable in terms of scarcity. A crop of oranges varies in abundance, further reducing its long-term value. ;
