"Only scarce goods attract price" comment Share with your friends Share 1 Padma answered this this is because supply is much lower than demand. the curves will intersect at higher price. -3 View Full Answer Sandhya answered this As we have limited resources in our economy and to take advantage or use that limited resources, we are ready to buy any product at any price.so, this is the only reason that only scarce goods attract price. 7
