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Author Question: Buy low and sell high is advice given to people who want to make a profit by buying and selling ... (Read 28 times)

nmorano1

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on: Jun 29, 2018
Buy low and sell high is advice given to people who want to make a profit by buying and selling shares of stock. Arbitrage is defined as buying a product in one market at a low price and reselling it in another market at a high price.
 
  Therefore, when stock brokers buy and sell stocks to earn a profit they are engaging in arbitrage. Evaluate this statement; state whether it is true or false and explain your answer.

Question 2

Consider the following hypothetical scenarios:
  Scenario A: You are about to purchase a pair of 7 for All Mankind jeans for 175 and a t-shirt for 45.
 
  The sales attendant at the store tells you that the pair of jeans you wish to buy is on sale for 160 at another store, located about a 20-minute drive away.
  Scenario B: You are about to purchase a pair of 7 for All Mankind jeans for 175 and a t-shirt for 45. The sales attendant at the store tells you that the t-shirt you wish to buy is on sale for 30 at another store, located about a 20-minute drive away.
 
  Based on standard economic theory, under which scenario would you make the 20-minute trip to the other store?
  A) Scenario A because the pair of jeans is a very expensive item and 15 saving is quite substantial
  B) Scenario B because a 15 saving amounts to a substantial discount (about 33 percent)
  C) in either scenario if I think a 15 savings is worth the 20-minute trip
  D) in none of these scenarios if I think the 15 saving is not worth the 20-minute trip
  E) C and D are correct answers.
InMicro ¦ Hubbard, O'Brien ¦ 1st Edition
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cam1229

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Reply #1 on: Jun 29, 2018
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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nmorano1

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Reply 2 on: Jun 29, 2018
Wow, this really help

Animal_Goddess

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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