Mike Tyson earned about $200 million over his 15-year boxing career, but by 2003 he was in financial trouble. This is an example of ______? A- opportunity cost B- inflation C- oversupply D- unlimited human wants

1 answer
Question:

Mike Tyson earned about $200 million over his 15-year boxing career, but by 2003 he was in financial trouble. This is an example of ______?
A- opportunity cost
B- inflation
C- oversupply
D- unlimited human wants

Answers

Mike Tyson earned $200 million during the time of his boxing career. However, in 2003 he started having financial trouble. In his case, this is an example of unlimited human wants. Mike Tyson would buy things that he really didn't need and homes he would never even live in. He even owned numerous exotic animals, such as bengal tigers. The correct answer is D.

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