Imagine you have some extra cash and would like to invest in something that will give you some extra money while you look for a job after graduation.If you invest $177 in a black-pawed Zip (a cat)Beanie Baby,you should remember that its price is most closely tied to:
A)supply and demand.
B)the price at the same time last year because of seasonal factors.
C)the price a decade ago because of long-term trend factors.
D)the relation of its changing price to gross domestic product.

Question

Quizplus · Accepted Answer

The price of a Beanie Baby is most closely tied to supply and demand. As with any collectible item, the value is determined by how many people are interested in buying versus how many of the item are available. Therefore, investing in a black-pawed Zip Beanie Baby may result in a profit if demand increases and the supply dwindles. However, it should be noted that collectibles can be a risky investment and there is no guarantee of profit.

Imagine You Have Some Extra Cash and Would Like to Invest