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3 weeks ago
Are sellers who practice arbitrage taking advantage of buyers?
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Microeconomics
Edition: 7th
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3 weeks ago
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No, because the seller cannot charge a buyer more than the amount that the buyer is willing to pay. Furthermore, the seller has invested time, effort, and a monetary investment to locate and purchase the products. Any compensation above the transactions costs is arbitrage profit but it was earned with no coercion.
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3 weeks ago
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3 weeks ago
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