« previous next »

Author Question: Which of the following represents an arbitrage transaction? a. Traders buy silks where they are ... (Read 31 times)

crazycityslicker

  • Hero Member
  • *****
  • Posts: 537
on: Jun 30, 2018
Which of the following represents an arbitrage transaction?
 a. Traders buy silks where they are abundant and cheap, and haul them along a trail to another place where they would be quite scarce and valued.
  b. A trader buys a block of government bonds in one market where it is temporarily priced below where it can be immediately resold in a different market.
  c. Someone buys a block of Final Four tickets and scalp them at the game.
  d. A senior citizen buys a block of theater tickets at a senior discount and scalps them to teenagers behind the theater.
  e. All of the above are example of arbitrage.

Question 2

Assume the price of Advil increases. As a result, you decrease the quantity of Advil purchased each month and purchase more Tylenol. This is an example of the:
 a. income effect.
  b. utility effect.
  c. consumption effect.
  d. substitution effect.


mcabuhat

  • Sr. Member
  • ****
  • Posts: 344
Reply #1 on: Jun 30, 2018
Answer to Question 1

e

Answer to Question 2

d


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Egg cells are about the size of a grain of sand. They are formed inside of a female's ovaries before she is even born.

Did you know?

The calories found in one piece of cherry cheesecake could light a 60-watt light bulb for 1.5 hours.

Did you know?

Hippocrates noted that blood separates into four differently colored liquids when removed from the body and examined: a pure red liquid mixed with white liquid material with a yellow-colored froth at the top and a black substance that settles underneath; he named these the four humors (for blood, phlegm, yellow bile, and black bile).

Did you know?

Calcitonin is a naturally occurring hormone. In women who are at least 5 years beyond menopause, it slows bone loss and increases spinal bone density.

Did you know?

Allergies play a major part in the health of children. The most prevalent childhood allergies are milk, egg, soy, wheat, peanuts, tree nuts, and seafood.

The actions of Frzb and the Frizzled receptor protein show how embryonic development represents a ba The actions of Frzb and the Frizzled receptor protein show how embryonic development represents a ba
Ivory traders, c. 1912 Ivory traders, c. 1912
How to determine if a table of values represents a function How to determine if a table of values represents a function
How to determine if a table of values represents a linear or quadratic relationship How to determine if a table of values represents a linear or quadratic relationship
Ethanol has the molecular formula C2H6O. Which ball and stick model shown above represents ... Ethanol has the molecular formula C2H6O. Which ball and stick model shown above represents ...
Which reaction below represents Th decay by alpha emission? Which reaction below represents Th decay by alpha emission?
Video: Chromosome structural organization/ Mechanisms for chromosome movement Animation

For a complete list of videos, visit our video library