QUESTION IMAGE
Question
a thrifty shopper wants to purchase a new phone that is made with quality parts. what factors should they consider?○ high quality phones contain rare earth metals that are a less scarce resource and cost less to the consumer.○ high quality phones contain rare earth metals that are a less scarce resource and cost more to the consumer.○ high quality phones contain rare earth metals that are a more scarce resource and cost more to the consumer.○ high quality phones contain rare earth metals that are a more scarce resource and cost less to the consumer.
Rare earth metals are scarce natural resources, and higher scarcity leads to higher production costs for products using them. High-quality phones often rely on these rare earth metals for their components, which drives up their consumer price.
Snap & solve any problem in the app
Get step-by-step solutions on Sovi AI
Photo-based solutions with guided steps
Explore more problems and detailed explanations
High quality phones contain rare earth metals that are a more scarce resource and cost more to the consumer.