Top Posters
Since Sunday
a
5
k
5
c
5
B
5
l
5
C
4
s
4
a
4
t
4
i
4
r
4
r
4
Home Q & A Board Other Fields Homework Help Business Economics
New Topic  
dskmvld dskmvld
wrote...
Go to Answer
Posts: 489
Rep: 14 0
5 years ago
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.
Textbook 
Microeconomics

Microeconomics


Edition: 7th
Authors:
Read 50 times
1 Reply
Replies
Answer verified by a subject expert
kirakira15kirakira15
wrote...
#1
Posts: 373
Rep: 63 0
5 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here

Related Topics

dskmvld Author
wrote...

5 years ago
Helped a lot
veronee_madison
wrote...

Yesterday
Good timing, thanks!
Katey_maree
wrote...

2 hours ago
Correct Slight Smile TY
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  1164 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 1164
  
 597
  
 334
Your Opinion
What's your favorite funny biology word?
Votes: 328
Previous poll results: Who's your favorite biologist?