Question
Suppose that a lobster in your favorite restaurant in Calgary costs $40 and the same type of lobster atEast Coast Bistro in Saint JohnNew Brunswick
Suppose that a lobster in your favorite restaurant in Calgary costs $40 and the same type of lobster atEast Coast Bistro in Saint JohnNew Brunswick costs $30. How could you and a group of your class mates make profit with this information?
Question 29 options:
by buying lobsters in Calgary and selling them in New Brunswick, which would decrease the price of lobster in New Brunswick
by buying lobsters in New Brunswick and selling them in Calgary, which would decrease the price of lobster in New Brunswick
by buying lobsters in New Brunswick and selling them in Calgary, which would increase the price of lobster in New Brunswick
by buying lobsters in Calgary and selling them in New Brunswick, which would increase the price of lobster in New Brunswick
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Global Development And The Environment Perspectives On Sustainability
Authors: Joel Darmstadter
1st Edition
1317335686, 9781317335689
