What is 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 called
A)sabotage
B)a resale conspiracy
C)arbitrage
D)collusion

Question

Quizplus · Accepted Answer

The process described is known as arbitrage, which involves taking advantage of price differences in different markets to make a profit. Sabotage, resale conspiracy, and collusion are not related to this concept.

What Is the Process of Buying a Good in One