This topic contains a solution. Click here to go to the answer

Author Question: You see on Craigslist that a used XBOX 360 sells for $100 and a new XBOX 360 sells for $300. Is this ... (Read 72 times)

captainjonesify

  • Hero Member
  • *****
  • Posts: 543
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?
◦ Yes, because the market for a used XBOX 360 is not the same as the market for a new XBOX 360.
◦ No, because the market for a used XBOX 360 is a competitive market.
◦ Yes, because the market for a used XBOX 360 is a competitive market.
◦ No., because the market fora used XBOX 360 is not the same as the market for a new XBOX 360.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by captainjonesify on Jul 9, 2019

IAPPLET

  • Sr. Member
  • ****
  • Posts: 333
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.
Answer Preview
Only 55% of students answer this correctly





 

Did you know?

Intradermal injections are somewhat difficult to correctly administer because the skin layers are so thin that it is easy to accidentally punch through to the deeper subcutaneous layer.

Did you know?

Multiple experimental evidences have confirmed that at the molecular level, cancer is caused by lesions in cellular DNA.

Did you know?

The first-known contraceptive was crocodile dung, used in Egypt in 2000 BC. Condoms were also reportedly used, made of animal bladders or intestines.

Did you know?

Excessive alcohol use costs the country approximately $235 billion every year.

Did you know?

People about to have surgery must tell their health care providers about all supplements they take.

For a complete list of videos, visit our video library