The correct answer is B. Buying a good in one market and selling it in another for a profit.
Explanation:
The term "arbitrage" is used in the economy and similar contexts to describe the process in which a person, company or similar profits due to the differences in prices in different markets. This commonly implies an asset, product or service is bought in one market at a low price and then this is sold into a different market at a higher price which implies profit for the entity or individual that buys and sells the good. For example, a company or individual can buy a certain product in a foreign market where is cheaper due to the price of the foreign currency or changes in prices and then sell this at the local level. Therefore, arbitrage refers to buying a good in one market and selling it in another for a profit.
Answer:
Hair
Explanation:
The scientist predict that the contamination occurred several months ago. Under normal circumstances, most organisms would no longer have a trace of exposure in their urine or blood after 3 months. If the organisms exposed to the radioactive three months ago and do not come near that area again within 3 months, the scientist wouldn't be able to identify it.
But, if that substance got into their hair, it will last way longer than that. Hair Analysis is very common to be used among forensic toxicologist to identify contamination that occurred months because of this.
I believe its, They wanted to create joint-stock companies in a new land.
Hope I helped.
Answer:
C. Substitution effect
Explanation:
The substitution effect is the change a consumer makes from one good to another when either of them changes in price. The relationship happens with the so-called substitute goods. These goods have similarities with each other, “competing” in some way for consumer preference. That is, when a good becomes more expensive, the consumer may consider that it is no longer worth buying it. Therefore, it migrates its consumption to a cheaper substitute good. Based on this concept, we can conclude that the substitution effect explains why the idea of Al may not work.
