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Zina [86]
4 years ago
14

Arbitrage is: a) a form of negotiation between two parties having a disagreement. b) buying a good in one market and selling it

in another for a profit. c) a form of price discrimination where the producer sells its product at two different prices. d) a means of deciding the most efficient way of producing a product.
Social Studies
1 answer:
satela [25.4K]4 years ago
8 0

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.

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Also, both companies could have a working arrangement where they act as an oligopoly and dominate the solar power industry in that particular market. Although, more companies brings more competition, when there aren't a multiplicity of  competitors, there is always the danger that the few businesses will band together and operate as one entity where they set specific prices, standards of service and technological advances introduced. They would only superficially be competing with each other. In this arrangement, the consumers would endure the same standard as having one entity dominating the market.

Another scenario would be where the American solar power company makes a superior product and as such would promote their products to the market as 'higher end' which would ensure they have a core and stable consumer base.

3 0
3 years ago
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After earning an advanced degree and securing a prestigious job, Jess reflects on how different her position in the social class
Tamiku [17]

Answer: The correct answer is: Intergenerational mobility.

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<u>In this particular case, Jess is experiencing Intergenerational mobility because she earned an advanced degree and secured a prestigious job, distacing herself from the social position that her parents had.</u>

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3 years ago
Gender roles for enslaved men and women differed markedly from those of free, white men and women. Identify the following statem
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Slave women were expected to work in the fields with men.

Explanation:

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Please mark as brainliest, it will be appreciated! :3

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2 years ago
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C.

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