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Author Question: The practice of buying a firm's good in one market at a low price and selling it in another market ... (Read 64 times)

luminitza

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on: Jul 1, 2018
The practice of buying a firm's good in one market at a low price and selling it in another market for a higher price in order to profit from the price difference is known as
 a. Predatory pricing
  b. Price collusion
  c. Arbitrage
  d. Mark-up pricing

Question 2

People who always choose not to participate in fair games are called:
 a. risk takers.
  b. risk averse.
  c. risk neutral.
  d. broke.


mohan

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Reply #1 on: Jul 1, 2018
Answer to Question 1

c

Answer to Question 2

b


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