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Other Fields Homework Help Economics Topic started by: Kaevyn04 on Feb 27, 2019



Title: "Buy low and sell high is advice given to people who want to make a profit by buying and selling ...
Post by: Kaevyn04 on Feb 27, 2019
"Buy low and sell high is advice given to people who want to make a profit by buying and selling shares of stock. Arbitrage is defined as buying a product in one market at a low price and reselling it in another market at a high price. Therefore, when stock brokers buy and sell stocks to earn a profit they are engaging in arbitrage." Evaluate this statement; state whether it is true or false and explain your answer.


Title: "Buy low and sell high is advice given to people who want to make a profit by buying and selling ...
Post by: beunikuel on Feb 27, 2019
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Title: "Buy low and sell high is advice given to people who want to make a profit by buying and selling ...
Post by: Kaevyn04 on Feb 27, 2019
I appreciate what you did here, answered it correctly :D