Definition
Divisible describes a good or resource that can be divided into smaller units without losing value.
Why It Matters
Divisibility makes goods easier to trade and use as money.
Example
A dollar broken into coins or cents.
Economics Glossary – Malone Global University
Divisible describes a good or resource that can be divided into smaller units without losing value.
Divisibility makes goods easier to trade and use as money.
A dollar broken into coins or cents.