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it was essential to life

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In economics what is the diminishing marginal rate of substitution?

The hypothesis that the loss of one commidity that is presently being cosumed by a household.the less willing willthe household be to give up a unit of that commidity to obtain an additional unit of a second commidity.


Is bauxite precious?

No. Bauxite has some value as aluminum ore but is not precious.


Why is gold more precious than silver?

Gold and silver are more money than salt because gold and silver are considered precious metals. The United States economy is based on the price of gold, not on salt. Salt is a commodity, not a precious metal.


Why is salt precious in the rainforest?

Salt is precious in the rainforest because it is an essential mineral that is needed by many animals for proper bodily functions like nerve signaling and muscle contractions. It can be scarce in the rainforest environment, so animals may seek out natural salt licks or mineral deposits to replenish their salt levels.


Precious in a sentence?

this is so precious precious- (of an object, substance, or resource) Of great value; not to be wasted or treated carelessly. (adjective)


Why did roman coins decrease?

Roman coins decreased in value because they had less of the precious metals in their composition.Roman coins decreased in value because they had less of the precious metals in their composition.Roman coins decreased in value because they had less of the precious metals in their composition.Roman coins decreased in value because they had less of the precious metals in their composition.Roman coins decreased in value because they had less of the precious metals in their composition.Roman coins decreased in value because they had less of the precious metals in their composition.Roman coins decreased in value because they had less of the precious metals in their composition.Roman coins decreased in value because they had less of the precious metals in their composition.Roman coins decreased in value because they had less of the precious metals in their composition.


Why are commidity future contracts transferable?

They can be bought and sold but the obligation in the contract remains valid.


What is a precious stone?

A mineral that humans value.


What is the Value of Precious Moment Plates?

What would be the value of a 4pc plate set


What is a value in health terms?

Value in health term is what you like most, what is precious to you.


Why is salt so precious in the rain forest?

Salt is precious in the rainforest because it is essential for the survival of many animals that cannot obtain enough salt from their diet alone. The scarcity of natural salt sources in the rainforest makes it valuable for animals to seek out sources of salt, such as mineral deposits or salt-rich soils. This scarcity also drives competition among animals for access to these salt sources.


How much does a amethest cost?

As with all precious and semi-precious stones the value depends on a number of things such as size and quality