Which of the Following Statements Regarding the Law of One

question 11

Multiple Choice

Which of the following statements regarding the Law of One Price is INCORRECT?

• A)At any point in time,the price of two equivalent goods trading in different competitive markets will be the same.
• B)One useful consequence of the Law of One Price is that when evaluating costs and benefits to compute a net present value,we can use any competitive price to determine a cash value,without checking the price in all possible markets.
• C)If equivalent goods or securities trade simultaneously in different competitive markets,then they will trade for the same price in both markets.
• D)An important property of the Law of One Price is that it holds even in markets where arbitrage is not possible.

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Definitions:

Ultimate Pleasure

The highest or most significant form of enjoyment or satisfaction.

Orgasm

The peak of sexual pleasure, characterized by intense physical and emotional sensations, often accompanied by involuntary muscular contractions.

Parenthood

The state or experience of being a parent, involving the responsibilities and practices of raising and nurturing a child.

Orgasms

The peak of sexual pleasure, involving intense physical and emotional responses and often followed by relaxation.