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The single word answer is: Speculation. People buy scarce items hoping they will become valuable in the future. Gold is scarce considering only 2% of all gold that exists in the earth has been dug up. With that in mind, consider the people who bought gold in 2001 when it cost about $270 per ounce. They speculated gold prices would increase over time. Their speculation earned them an increase in price of about 518%, and they made $1150 for each ounce they bought. That is a huge increase. So buying scarce items now just might these people rich, or at least they will make some increase on their speculation.
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What does the wish list in the iTunes store do?
they say its to save items you want to buy later on
What does it mean when a amusement park has a buy out date?
It means that they have lots of tickets and want people to buy them so they have a big sale.
Will items purchased on iTunes be shipped to the address on the iTunes account?
items you download you get instantly. items you buy and order, you should have to fill out where you live before you buy it. if that's not the case, then yes, it probably does.
Why would consumers want to purchase nestles products?
People buy Nestles products because they like the taste
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Yes and no, no you cant buy them at any store. Yes you can buy them at a specific store, an Adult Store that posess Adult items.
When does a surplus exist?
when there are too few items for the people who want to buy them
Who needs a loan?
People who can't save or don't want to save often get a loan to buy something. people who want to buy expensive items like a house usually get a loan.
When is a good considered scarce in a society?
When is a good considered scarce in a society? A. when more output of the good is possibleB. when everyone in that society cannot have all they want of the goodC. when the government restricts production of the goodD. when only the richest people in the economy can buy all they want of the good
Economics is about conserving scarce that you need to produce the goods for people to buy?
resources
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Sales tax is charged to items that people buy.
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Yes people buy items in trashion.
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Your products might be very scarce in their country, or not available at all. Some countries literally trade technology for fresh water.
Why do some people not want to trade with China?
Some people do not want to trade with China, because some of China's goods that we buy are not made well. Or these items have products in them that are not healthy for people to be around.
How does JIT delivery help stores make a profit?
They keep only items customers want to buy in stock
What you do on eBay for items you want?
Bid or Buy It Now
Does anyone want to buy some WWE things?
Many people probably want to buy some WWE things because there are many WWE fans who buy and sell items on auction sites. You can get in contact with these people by advertising on websites like Ebay and Craigslist.
How do you make people buy your items on flea market day?
You need to sell items people want. If your're selling items that aren't popular you won't have many sales. Another way is to keep your prices low. This will attract customers.
