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Other Fields Homework Help Economics Topic started by: dskmvld on Feb 27, 2019



Title: Assuming zero transactions costs, if your local grocer buys oranges at a low price from an orchard ...
Post by: dskmvld on Feb 27, 2019
Assuming zero transactions costs, if your local grocer buys oranges at a low price from an orchard and resells them to you at a higher price, then the grocer's revenue minus costs is known as

• arbitrage profits.

• transactions profits.

• pure profits.

• excess profits.


Title: Assuming zero transactions costs, if your local grocer buys oranges at a low price from an orchard ...
Post by: kirakira15 on Feb 27, 2019
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