Arbitrage

question 160

Multiple Choice

Arbitrage

• A)is the act of buying an item at a low price and reselling the item at a higher price.
• B)is the act of selling an item on consignment and collecting a huge portion of the proceeds to compensate for the seller's time.
• C)is the act of buying an item at a low price, bundling it with another and selling the new package at a much higher price.
• D)is any act of buying and selling that results in the seller earning an above normal profit.

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Definitions:

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