Goods that are very useful and highly desired are likely to be
A) expensive if they are relatively abundant.
B) inexpensive if they are relatively abundant.
C) inexpensive if they are relatively rare.
D) expensive no matter if they are relatively abundant or rare.

Question

Quizplus · Accepted Answer

Goods that are very useful and highly desired tend to become less expensive if they are relatively abundant because the increased supply can meet the demand, typically leading to lower prices.

Goods That Are Very Useful and Highly Desired Are Likely