--%>
Assignment Help - homework help

Explain who is arbitrageur

One who buys gold into London and after that sells that instantly in Boston for a higher price is: (1) monopolist. (2) capitalist. (3) speculator. (4) auctioneer. (5) arbitrageur.

Can anybody suggest me the proper explanation for given problem regarding Economics generally?

   Related Questions in Microeconomics

  • Q : Income of consumer-consequence on

    Income of consumer: In case of normal good - Increase in income leads to rise in quantity demanded of a normal good and reduce in income leads to reduction in quanti

    		•
  • Q : Demand in Dynamics The raise in the

    The raise in the supply of potatoes is probable to decrease the: (i) Supply of potato harvesters. (ii) Demand for pasta and rice. (iii) Price of Big Macs. (iv) Quantity of ketchup people put on hot-dogs. (e) Budgets of most house-holds.

  • Q : Quantity demanded in Substitution

    I have a problem in economics on Quantity demanded in Substitution process. Please help me in the following question. The sales growth resultant from price cuts for a good reflects rises in: (i) Quantity demanded. (ii) Demand. (iii) Quantity supplied.

    		•
  • Q : Purely competitive industry in the long

    For a purely competitive industry in the long run: (i) several firms exit therefore others may earn more than normal profits. (ii) established firms reap higher profits than newer firms. (iii) all resources are fixed for the industry as an entire. (iv

    		•
  • Q : Problem on harvesting-Production Can

    Can someone help me in finding out the right answer from the given options. The speculator who purchases wheat at harvest time throughout the late falls or early on winter, contracts for its storage, and then vends the wheat afterward in the winter, spring or in summe

    		•
  • Q : Exploitation on resource suppliers Can

    Can someone help me in finding out the right answer from the given options. When resource suppliers are paid less than the values of their marginal products (or VMPs), they are stated to be: (i) Monopolistic. (ii) Exploited. (iii) Monopsonistic. (iv) In equilibrium.

    		•
  • Q : Define tax Tax : It is a compulsory

    Tax: It is a compulsory payment prepared by household and firm to government.

    		•
  • Q : Transaction costs in entrepreneurship

    When you became an entrepreneur, in that case the transaction costs incurred in containing a luau for your employees would not comprise: (w) filling your car along with gasoline on the way to picking up the pig and poi. (x) time you u

    		•
  • Q : Variable costs in short run A monopoly

    A monopoly tends to shut down within the short-run when: (i) price is less than the minimum of average total costs [ATC]. (ii) price cannot cover all overhead costs. (iii) variable costs are not covered. (iv) total costs exceed total revenues. (v) the

    		•
  • Q : Yield behaviour conflicting law of

    Which of the given statements, if true, seems most probable to yield behavior which would conflict with the law of demand? (i) People cannot afford to drive as much whenever the price of gasoline goes above $3.00 per gallon. (ii) The greater heroin addicts encompass i

    		•