Which object is likely to have the most value based on the concept of scarcity?

The object that is likely to have the most value based on the concept of scarcity is a Silver necklace

Based on the concept of scarcity , the objects that is harder to obtain tend to get a higher value. In most cases, jewelry tend to have more value than agricultural products

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Absolute monarchy - Monarch holds supreme power, Existed in England before the signing of the Magna Carta.

Constitutional monarchy - Currently existed in Britain, Monarch's power is bound by legal limits.

Explanation:

Absolute monarchy :

-- Monarch holds supreme power.

-- Existed in England before the signing of the Magna Carta.

An absolute monarchy is a type of government where there is only one ruler. The monarch is usually a king or a queen and the have the supreme power over everything. In absolute monarchy, there is no written law or rules.

Constitutional monarchy :

-- Currently existed in Britain.

-- Monarch's power is bound by legal limits.

Constitutional monarchy is a system of government where the ruler exercises his authority according to the written constitution or law. The monarch is  purely a ceremonial leader.