______ can occur if _____.
A)arbitrage; the Law of One Price is not violated
B)arbitrage; the Law of One Price is violated
C)riskless economic profit; the Law of One Price is not violated
D)riskless economic profit; the Law of One Price is violated
E)B and D

Question

Quizplus · Accepted Answer

Arbitrage and riskless economic profit can occur when the Law of One Price is violated, as this allows for the opportunity to buy low in one market and sell high in another, exploiting price differences.

______ Can Occur If _____

__ Can Occur If _