Author Question: Arbitraging price differences between two markets is generally not possible if: A) there are ... (Read 32 times)

evelyn o bentley · **on:** Jul 1, 2018

Arbitraging price differences between two markets is generally not possible if:

A) there are positive costs of transporting the products from one market to the other.
B) the transportation costs are larger than the difference in prices.
C) the government has prohibited exchange between the two markets.
D) A and C above
E) B and C above

Question 2

Refer to Table 5.3. Rank the doctor's job options in expected income order, highest first.

A) Work for HMO, open own practice, do research.
B) Work for HMO, do research, open own practice.
C) Do research, open own practice, work for HMO.
D) Do research, work for HMO, open own practice.
E) Open own practice, work for HMO, do research.