You See on Craigslist That a Used XBOX 360 Sells

question 43

Multiple Choice

You see on Craigslist that a used XBOX 360 sells for $100 and a new XBOX 360 sells for $300. Is this an arbitrage opportunity?

• A) No, because the market fora used XBOX 360 is not the same as the market for a new XBOX 360.
• B) No, because the market for a used XBOX 360 is a competitive market.
• C) Yes, because the market for a used XBOX 360 is a competitive market.
• D) Yes, because the market for a used XBOX 360 is not the same as the market for a new XBOX 360.

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Definitions:

Oppositional Defiant Disorder (ODD)

A behavioral disorder characterized by a consistent pattern of defiant, disobedient, and hostile behavior towards authority figures.

Residential Treatment

Live-in healthcare facilities that provide therapy and support for individuals dealing with serious mental health or behavioral issues.

Role-play

A training or therapeutic technique in which participants act out characters in specific scenarios to practice responses, develop social skills, or analyze behaviors.

Disturbed Personal Identity

A psychological condition characterized by an individual having confusion or disorder in their perception of their own identity.