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 79 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?

The Centers for Disease Control and Prevention (CDC) was originally known as the Communicable Disease Center, which was formed to fight malaria. It was originally headquartered in Atlanta, Georgia, since the Southern states faced the worst threat from malaria.

Did you know?

The liver is the only organ that has the ability to regenerate itself after certain types of damage. As much as 25% of the liver can be removed, and it will still regenerate back to its original shape and size. However, the liver cannot regenerate after severe damage caused by alcohol.

Did you know?

To combat osteoporosis, changes in lifestyle and diet are recommended. At-risk patients should include 1,200 to 1,500 mg of calcium daily either via dietary means or with supplements.

Did you know?

All adults should have their cholesterol levels checked once every 5 years. During 2009–2010, 69.4% of Americans age 20 and older reported having their cholesterol checked within the last five years.

Did you know?

The familiar sounds of your heart are made by the heart's valves as they open and close.

For a complete list of videos, visit our video library