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Economics - Financial Markets 11 Online
OpenStudy (anonymous):

Anna is willing to sell her 20-year-old boat—but not for less than $2,300. For Anna, the cost of selling this boat is ______ $2,300. A. less than B. equal to C.There is not enough information to answer the question. D. more than @Mathematics

OpenStudy (anonymous):

I would say the answer is "C" since you do not know what she paid for it, what its worth is today, nor what the selling costs would be. wmw

OpenStudy (anonymous):

It should be less than $2300 since if it was more than or equal to $2300 there would be no point. I assume the cost of selling the boat is somthing like (value to hellen) - (any costs involved in keeping the boat)

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