Pricing of scarce goods

timer Asked: Mar 9th, 2013

Question Description

an increase in value of any collection is not guaranteed for a variety of reasons. if you are a collector, please use your own collection to answer the following questions. if you are not a collector, then use elvis memorabilia for your answers.

a. what are some of the factors that could cause the value of your collection to drop in the future?

b. what questions should an investor ask before investing in anything?

c. if no new memorabilia can be created with an autograph, how does the idea of scarcity increase the value of an item?

This question has not been answered.

Create a free account to get help with this and any other question!

Similar Questions
Related Tags

Brown University

1271 Tutors

California Institute of Technology

2131 Tutors

Carnegie Mellon University

982 Tutors

Columbia University

1256 Tutors

Dartmouth University

2113 Tutors

Emory University

2279 Tutors

Harvard University

599 Tutors

Massachusetts Institute of Technology

2319 Tutors

New York University

1645 Tutors

Notre Dam University

1911 Tutors

Oklahoma University

2122 Tutors

Pennsylvania State University

932 Tutors

Princeton University

1211 Tutors

Stanford University

983 Tutors

University of California

1282 Tutors

Oxford University

123 Tutors

Yale University

2325 Tutors