Jane is a top-level executive and is very rich. Jane just ordered a car only to be told that she will have to wait three weeks for it to be delivered. Which of the following statements is true?
a. The car is not a scarce good.
b. The car is a scarce good.
c. Because Jane has unlimited funds, she incurs no opportunity cost in buying the car.
d. Jane paid too much for a car that wasn't ready on time.
Answers: 1
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Jane is a top-level executive and is very rich. Jane just ordered a car only to be told that she wil...
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