Multiple Choice
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.
Correct Answer:
Verified
Correct Answer:
Verified
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