Arbitrager-individual or organization

The arbitrager is an organization or individual that will: (1) Simultaneously purchase low and sell high in various markets. (2) Create disparities among prices in various markets. (3) Resolve disputes among sellers and consumers. (4) Purchase low and sell high at various time periods. (5) Probably suffer losses in long run.

Find out the right answer from the above options.

View Complete Question

Related Questions in Microeconomics

Q : Normal and Inferior Goods Can someone

Can someone help me in finding out the precise answer from the given options that when a fixed level of national income becomes appreciably less evenly distributed as the numbers of relatively poor people and relatively prosperous people both raise dr

Q : Entry and exit of purely competitive

Pure competition is described by freedom of entry and exit by firms which are: (i) price discriminators and quality adjusters. (ii) price takers and quantity adjusters. (iii) owned and operated by entrepreneurs. (iv) arbitrators and p

Q : Define investment demand function

Investment demand function: Investment demand function is the relationship among rate of interest and investment demand. There is an inverse relationship among the rate of interest and investment demand. High inter

Q : Cross elasticity coefficient substitutes

When Ford raises pickup truck prices 20 percent and Chevy pickup sales rise 12 percent, in that case these goods are _____ as well as their cross elasticity coefficient is approximately _____. (w) complements; 0.6. (x) substitutes; 0.6. (y) subs

Q : Monopolist maximizes profit When a

When a monopolist maximizes the profit in the product market, it will: (i) Hire labor till the marginal revenue product equivalents the marginal resource cost. (ii) Hire the labor till the value of marginal product equivalents the marginal resource cost. (iii) Pay a w

Q : Income effect dominating substitution

The personal supply of labor is characterized by the income effect which dominates the substitution effect if: (1) Trina retires to beach condo subsequent to working for the city for 42-years. (2) Members of a rock band give up touring for a year subsequent to their s

Q : Moral Hazard-Equilibrium wage If

If workers know that they are guaranteed a particular weekly wage and can simply find another job at this equilibrium wage, then some workers tend to loaf or shirk. This is an illustration of: (i) Adverse selection. (ii) Moral hazard. (iii) Demand and supply. (iv) Ine

Q : Preferance of food after income rises

Assume that, for you, lobster is an ordinary good and peanut butter is a poorer good. When your income increases, you will probably consume: (1) Greater of both goods. (2) Less of both goods. (3) Greater peanut butter and less lobster. (4) Greater lobster and less pea

Q : Corporations stockholders not liable

The corporation’s stockholders are not personally liable for the debts of firm since: (1) The Corporation is considered as a legal person, separate from its owner. (2) Usually there are too many stockholders to try to hold them all accountable. (3) In a corporat

Q : Profit-maximizing pure competitor at

The break-even point as illustrated below for that profit-maximizing pure competitor happens at the price consequent to: (w) point f. (x) point h. (y) point j. (z) point k.

Discover Q & A

Leading Solution Library

Avail More Than 1441644 Solved problems, classrooms assignments, textbook's solutions, for quick Downloads

No hassle, Instant Access

Start Discovering

18,76,764

1947139
Asked

3,689

Active Tutors

1441644

Questions
Answered

Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!

Submit Assignment