In 2016, Walmart closed 150 stores in the United States and deeply discounted the merchandise in them. Some people bought the merchandise at these low prices and resold it on Amazon, eBay, and other sites. An article in the Wall Street Journal described one reseller who “sent three employees in a 26-foot truck to the nearest closing Walmart, about 160 miles south. . . . They hauled off $35,000 in merchandise, like Legos and Star Wars pajamas, which he said he expects to sell for as much as $100,000 on Amazon.”

a. Is the reseller making a $65,000 profit on these goods? Briefly explain.

b. Is the reseller exploiting the people who buy these goods from him on Amazon? Briefly explain.