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Crystalboo92 Crystalboo92
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5 years ago
Auctions in recent years have resulted in higher prices paid for letters written by John Wilkes Booth than those written by Abraham Lincoln. What is a reason for this difference in price?

• There is a surplus of letters written by Booth and a shortage of letters written by Lincoln.

• Many people are more fascinated by villains and anti-heroes than by heroic figures.

• There are more letters available for collectors to buy that were written by Lincoln than there are letters that were written by Booth.

• Booth was a well-known actor; the demand for his letters rose as wealthy actors attempted to buy them.
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Microeconomics

Microeconomics


Edition: 7th
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ShayT0923ShayT0923
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Crystalboo92 Author
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#2
5 years ago
Exactly what I needed for my project, TYSM
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