Explain the Concept of Arbitrage

question 41

Essay

Explain the concept of arbitrage.

---

Definitions:

Clutch Hangs-Up

A condition where the clutch fails to disengage properly, often due to mechanical issues, causing difficulty in changing gears.

Clutch Brake

A component in manual transmission systems, used to stop or slow down the transmission input shaft for easier shifting into first gear or reverse from a standstill.

Shifts Into Reverse

The action of changing a vehicle's transmission setting to allow backward movement.

Pilot Shaft

A shaft used to ensure the correct alignment of two or more components of a machine during assembly or operation.