The Term "Arbitrage" Refers to

question 111

Multiple Choice

The term "arbitrage" refers to

• A)buying a good in a market where its price is high and selling the good in another market where its price is lower.
• B)buying a good in a market where its price is low and selling the good in another market where its price is higher.
• C)selling a good in a market where its price is high.
• D)selling a good in a market where its price is low.

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Definitions:

Unauthorized Entry

The act of accessing a computer system or network without permission.

Switch

A device for transmitting data on a network that makes decisions, based on the media access control address of the data, as to where the data is to be sent.

Packet

A piece of data sent over a computer network.

Electronic Data Interchange

The electronic transfer of data between organizations in a structured format that allows for automated processing.