The process of buying a good in one market at a low cost and selling the good in another market for a higher cost in order to profit from the price difference is known as:
A)conspiracy
B)sabotage
C)collusion
D)arbitrage

Question

Quizplus · Accepted Answer

The process described is called arbitrage. It involves taking advantage of price discrepancies between markets to make a profit by buying low in one market and selling high in another. This is a common practice in financial markets, where traders can use sophisticated algorithms to quickly identify and exploit pricing differences between different stocks or securities.

The Process of Buying a Good in One Market at a Low