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Why Is Platinum so Expensive?
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Platinum is more expensive because it is rarer than gold although it is also more durable compared to gold thus requiring less upkeep.Patinum is also used in higher concentrations in jewellery and is nowadays combined with a member of its own family such as palladium making it even more expensive.
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The price of oil, like most goods in life follow the trends of supply and demand, and the demand for oil is ever increasing. Just go look at the nearest highway and count how many
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Diesel is a fossil fuel. It is obtained by cracking of Petroleum. Petroleum is obtained from purification of crude oil. Crude oil is becoming extinct. So diesel is expensive.
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College is expensive for many reasons. These reasons include inflation, cost of the buildings, the cost of teachers and staff, and the cost of materials.
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Gasoline is a commodity, so its cost is based on supply, demand and competition. With a rising demand and a dwindling supply, the cost of gasoline continues to go up.
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Platinum is a chemical element with the chemical symbol Pt and an atomic number of 78.
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