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What else can I help you with?
How do changes in supply affect prices?
When supply is plentiful, prices fall, when items are scarce, the price rises.
Is air a scarce resource?
A scarce resource is any material good that has a limited supply. Technically, air is a scarce resource, like all material, due to the law of conservation of matter. However, because it is initially plentiful and renewable on a mass scale, there's little reason to fear a shortage, which mustn't be confused with scarcity.
Relationship between quantity and price?
When quantities are plentiful the price lowers; when quantities are scarce the price rises. Also called supply and demand. Whether or not it right or wrong, it's just the way it is and we have to accept it or do without that particular commodity.
Take goods to a place where they are plentiful already?
Taking goods to a place where they are already plentiful may not be the most efficient use of resources. It could lead to oversupply, driving prices down and potentially causing waste. Instead, it's often more beneficial to transport goods to areas where they are scarce, addressing shortages and maximizing value. This approach helps balance supply and demand more effectively.
Why did salt and gold dominate the Sahara trade?
They were both plentiful in the area. Salt was needed to prevent dehydration in such hot climates. Salt was worth its weight in gold. another thing is that salt was scarce in the savanna regions ... it was also sold in N. africa and europe:)
What is opposite Of scarce?
'Plentiful , or 'Abundance'.
Is plentiful an Antonyms?
The word plentiful is the antonym of scarce.
What is an antonym for plentiful?
scarce
What is the opposite of scarce?
Abundant, or plentiful
What are antonyms of the word plentiful?
scarce.
Is geothermal scarce?
Geothermal energy is not scarce it is plentiful because it is renewable.
What are antonyms for plentiful?
scarce rare limited
Is iron scarce or plentiful?
Obviousaly it depends on what part of the planet you are on but in Australia iron ore is plentiful.
What 6 letter word means not plentiful?
The 6 letter word for plentiful is Plenty.
Opposite of plentiful?
little, scarce, lacking, meager, few
What is a synonmy for rare?
a synonym for rare is scarce; difficult to find; not plentiful
Is minerals scarce or plentiful?
Plentiful. It is unlimited. However, it could also be scarce cause it takes a wile for minerals to form. But not millions of years, but more on the line of hundreds of years cause the earth isn't that old.
