When you buy at a low price in one market then sell at a higher price in another market you are engaging in
A)odd pricing.
B)arbitrage.
C)an antitrust prohibited practice.
D)price discrimination.

Question

Quizplus · Accepted Answer

This is the definition of arbitrage, where you take advantage of price differences in different markets to make a profit. It is not odd pricing or price discrimination, and it is not an antitrust prohibited practice unless it involves collusion between market participants.

When You Buy at a Low Price in One Market