Arbitrage
A)is the act of buying an item at a low price and reselling the item at a higher price.
B)is the act of selling an item on consignment and collecting a huge portion of the proceeds to compensate for the seller's time.
C)is the act of buying an item at a low price, bundling it with another and selling the new package at a much higher price.
D)is any act of buying and selling that results in the seller earning an above normal profit.

Question

Quizplus · Accepted Answer

Arbitrage involves buying an item at a lower price and reselling it at a higher price, profiting from the price difference. This practice is common in financial markets, but it can also refer to other goods and services.