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 52 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
I appreciate what you did here, answered it right Smiling Face with Open Mouth
yen
wrote...

Yesterday
Correct Slight Smile TY
annabananerz
wrote...

2 hours ago
Smart ... Thanks!
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  1273 People Browsing
 121 Signed Up Today
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 239
  
 1044
  
 1043
Your Opinion
Which is the best fuel for late night cramming?
Votes: 145
Previous poll results: What's your favorite coffee beverage?