The process of buying an underpriced security and selling an equivalent overpriced security until the prices converge is known as arbitrage. This statement is true.
<h3>What Is Arbitrage?</h3>
The arbitrage approach, used in foreign exchange trading, allows investors to lock in profits by simultaneously buying and selling the same security, good, or currency on two different marketplaces. By using this strategy, traders can profit from the disparities in pricing for the same asset across the two different regions that are represented on each side of the trade.
Arbitrage is the practice of purchasing an underpriced security and selling an equivalently-priced asset until the prices converge. Trading on illegal insider knowledge may result in abnormal profits even if the efficient market theory is accurate in a semi-strong sense.
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Due to scarcity. There exist unlimited wants but only scarce amount of resources to meet those wants so items must be allocated through a system of prices or through exchange.
Answer:
Johnson & Johnson make $51,433.28 every 20 seconds
Explanation:
<u><em>The complete question is</em></u>
I'm playing a riddle game thing and one of the questions is
"How many dollars does Johnson & Johnson make every 20 seconds?"
I found that they make 81.1 billion dollars yearly, but I have no clue how to get it to 20 seconds.
Remember that
1 year=365 days
1 day=24 hours
1 hour=60 minutes
1 minute=60 seconds
so
Convert year to seconds

1 billion=1,000 millions
1 billion=1*10^9
81.1 billion dollars=81.1*10^9 dollars
we have

Convert to $/sec

Multiply by 20 sec

therefore
Johnson & Johnson make $51,433.28 every 20 seconds
(.) Smokeless tobacco products.
<h3>How smoking cigarettes can cause lung cancer?</h3>
According to research, smoking results in cell alterations that lead to lung cancer. Numerous of the hundreds of compounds found in cigarette smoke are carcinogenic. Despite the fact that the human body can frequently detoxify and eliminate carcinogens, when it is unable to do so, residual carcinogens can cause the body's cells to mutate, occasionally resulting in the development of malignant cells. Healthy cells are able to recognize when to stop dividing because the normal cell healing process requires cells to divide continuously until all harm has been fixed. On the other hand, cells that have undergone malignant mutations lose the ability to know when to stop and will continue to divide and expand.
Not every cell mutation results in cancer. But the more smoke a person inhales, the more mutations they'll experience, and the more likely it is that one of those mutations will be malignant. As a result, the chance of developing cancer increases with the length and frequency of a person's smoking. Notably, despite the fact that carcinogens frequently harm lung cells, they can also enter the bloodstream and spread throughout the body, resulting in a variety of cancers.
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Statistics are used in place of parameters for making decisions since they are simpler to collect.
<h3>What are the guidelines?</h3>
In general, a parameter is any feature that aids in describing or categorizing a certain system. In other words, a parameter is a component of a system that is crucial or useful for identifying the system or assessing its functionality, status, or other characteristics.
To describe the entire population under study, a parameter is utilized. For instance, we are interested in learning the typical length of a butterfly. This information about the total butterfly population makes it a parameter.
Three different parameter kinds,
- Value Specifiers.
- Parameters of Reference.
- output variables
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