Movement according to economist

Assume that you purchased a ton of gold in Belgium for $450 per ounce and instantly sold all of it in Chile for $480 per ounce. Economists label your movement as: (i) Arbitrage. (ii) Scalping. (iii) Screening. (iv) Speculation. (v) Signaling.

Give the right answer of the above question.

View Complete Question

Related Questions in Microeconomics

Q : Problem on fast food chains market

Normal 0 false false

Q : Describe economic perspective The

The economic perspective refer as: 1) macroeconomic phenomena, but not microeconomic phenomena. 2) microeconomic phenomena, but not macroeconomic phenomena. 3) the making of purposeful decisions in a context of marginal costs and marginal benefits. 4) unlimited resour

Q : Ratio of Wealth and Poverty In 1980

In 1980 year, the chief executive officers that stand for CEOs of main corporations had income which averaged roughly 40 times as much as the workers they working. In 2005, such ratio is less than: (1) twenty to one. (2) forty to one. (3) one hundred

Q : Capital or current account Is import of

Is import of machinery recorded in capital or current account? Answer: It is recorded in current account since it deals as the purchase of goods.

Q : Illustration of total revenue and

The Square-Wheeled Locomotive, the last passenger train to Flatland, Iowa, wants more total revenue. When passengers’ demands for tickets are comparatively price elastic, in that case the railroad must: (1) raise the price, but lower this when d

Q : Define the term privatization What do

What do you mean by the term privatization?

Q : Minimum average costs at production

Nostalgia Corporation could accomplish minimum average costs for Silver Screen DVDs when this produced: (i) 4 million DVDs. (ii) 6 million DVDs. (iii) 8 million DVDs. (iv) 10 million DVDs. (v) 12 million DVDs.

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 : Profit-maximizing output to maximizes

HoloIMAGine has patented a holographic technology which creates 3-D photography obtainable to consumers. So HoloIMAGine’s: (w) lowest possible average total cost arises at precisely the output where profit is maximized. (x) market supply curve is the same to its

Q : Goals of the Firm Most of the

Most of the economists believe firms tend to proficiently maximize the profits since of: (i) Stockholder pressure. (ii) Competition for the management positions. (iii) Principal-agent conditions. (iv) The chance of corporate take-over.

Discover Q & A

Leading Solution Library

Avail More Than 1454314 Solved problems, classrooms assignments, textbook's solutions, for quick Downloads

No hassle, Instant Access

Start Discovering

18,76,764

1942849
Asked

3,689

Active Tutors

1454314

Questions
Answered

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

Submit Assignment