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babypink12 babypink12
  • 13-10-2016
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Answered

What determines the value of an item?

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W0lf93
W0lf93 W0lf93
  • 18-04-2017

The value of an item is in a perfect economy determined by the laws of supply and demand. The fewer there is of an item the higher the price will be, and vice versa. The higher the demand the higher the price will be, and vice versa. The highest value should thus be items that are low in supply and high in demand, and also vice versa.Hope this helps. Let me know if you need additional help!

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