The process of buying a good in one market at a low price and selling the good in another market for a higher price in order to profit from the price difference is known as
A)sabotage.
B)conspiracy.
C)arbitrage.
D)collusion.

Question

Quizplus · Accepted Answer

This process is known as arbitrage. It involves taking advantage of price differences between markets to make a profit. It is a common practice in many financial markets such as stock markets, currency markets, and commodity markets. Sabotage, conspiracy, and collusion are not related to this process.

The Process of Buying a Good in One Market at a Low