Taking advantage of price differences for the same good by buying low in one market and selling high in another market is called:
A) sabotage.
B) fuselage.
C) arbitrage.
D) seigniorage.

Question

Quizplus · Accepted Answer

Arbitrage refers to the practice of buying low in one market and selling high in another market to make a profit from the price difference. This is a common strategy used by traders and investors to take advantage of inefficiencies in the market. Options A, B, and D are not related to this concept.

Taking Advantage of Price Differences for the Same Good by Buying