Problem
Must Watches Stocks too volatile? Bonds too boring? Then try an alternative investment-one you can wear on your wrist. The typical return on a watch over five to ten years is roughly 10%. You could do better in an index fund, but what other investment is so wearable?
a. What is the cost of buying a watch?
b. What is the opportunity cost of owning a watch?
c. Does owning a watch create an economic profit opportunity?
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.