Ask Question
1 October, 02:37

The fact that an ounce of gold is priced higher than an ounce of chocolate suggests that:

+5
Answers (1)
  1. 1 October, 02:56
    0
    This suggests that to source an ounce of chocolate is simply an easier a less costly process. It clearly suggests that chocolate is more widely produced meaning there is more supply to meet the demand. Gold however is incredibly hard to source, it is time - costly and it is found less often than coco beans. Which leads to conclude that the demand for chocolate is much higher than the demand for gold.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “The fact that an ounce of gold is priced higher than an ounce of chocolate suggests that: ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers