Arbitrage is the act of buying at a low price and selling at a high price, which makes the practice of price discrimination even more profitable.

Question

Quizplus · Accepted Answer

Arbitrage involves exploiting price differences in different markets to make a profit, while price discrimination involves charging different prices to different consumers for the same product. Arbitrage can actually undermine price discrimination by equalizing prices across markets.

Arbitrage Is the Act of Buying at a Low Price