Buying and Selling in More Than One Market to Make

question 29

Multiple Choice

Buying and selling in more than one market to make a riskless profit is called

• A) profit maximization.
• B) arbitrage.
• C) international trading.
• D) cannot be determined from the above information.

---

Definitions:

Resources

Assets, materials, or supplies that are available for use or consumption.

Deviant

Behaviors or actions that diverge from the societal norms and expectations, often carrying a negative connotation.

Social Inequality

describes the unequal distribution of wealth, opportunities, and privileges within a society, often based on factors like race, gender, or socioeconomic status.

Norms

The unwritten rules and expectations that govern the behavior of individuals within a society or group, guiding what is considered normal or acceptable.