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Sublight2097 Sublight2097
wrote...
Posts: 4132
9 years ago
When economists say entrepreneurs have a comparative advantage in arbitrage activity, they are saying
A) entrepreneurs are efficient at selling their products below cost.
B) entrepreneurs are efficient at selling their products at cost.
C) entrepreneurs are efficient at discovering opportunities to buy goods low and sell them at higher prices.
D) entrepreneurs are efficient at resolving disputes of interest over titles to scarce property rights.
Textbook 
The Economic Way of Thinking

The Economic Way of Thinking


Edition: 13th
Authors:
Read 797 times
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SmooothSmoooth
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Posts: 5500
9 years ago
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Sublight2097 Author
wrote...
9 years ago
My mind was going in all different directions trying to figure this one out. Thanks so much.
wrote...
9 years ago
No problemo Happy Dummy
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