When we buy a product at low price in one location and sell it-09100
When we buy a product at low price in one location and sell it at high price in another location, it is known as __________ in economics.
This multiple choice question (MCQ) is related to the book/course
vu eco402 Microeconomics.
It can also be found in
vu eco402 Final Term - Quiz No.2.
When we buy a product at low price in one location and sell it at high price in another location, it is known as __________ in economics.
Arbitrage
Market parameter
Consumer theory
Price discrimination
