Question

Karen is a collector of fine art, particularly paintings. She has been looking for an original Lady Molly painting for months and has said that she is willing to go to extraordinary efforts to acquire this painting for her collection. Clearly this painting represents a __________ good for Karen.

Answer 1

Specialty.

Step-by-step explanation:

Goods are things that gives utility. Goods can majorly be divided into two categories namely; consumers goods and industrial goods. Consumer goods is further divided into convenience goods, shopping goods and specialty goods. Specialty goods have their own uniqueness that makes people to want them, they are some kind of fancy goods.

The Lady Molly painting had the uniqueness Karen is looking in paintings and this makes her want to acquire the paintings at all cost.