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Earn +20 ptsQ: What problem might develop if people started using paper clips as money?
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How many paper clips are made in a year?
1
How much does paper clips cost?
Ive seen paper clips at about 1.20 - 4.00 dollars... Im buying them at target because me and 45 of my friends are going to attemp to break the world record for biggest paper clip chain, where going to need about 10,000 dollars (we need to buy 1million paper clips :D)
Factors influencing price decision?
cost to manufacture (such as cars) or cost to harvest (such as grain, food) cost to package, store, and ship to stores cost to market item (and/or company selling item) shelf life of item (for example: paper clips never "go bad" vs milk which can) brand vs. generic items (brand items are more due to research and company name) supply vs. demand - there are many, but here's an overview of the first few I could think of
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