Question
while shopping yard sales Larry comes across 100 star wars toys still in original packaging being sold for .50 each. Larry know he can sell
while shopping yard sales Larry comes across 100 star wars toys still in original packaging being sold for .50 each. Larry know he can sell these to a good friend for $100 each Larry buys the toys for $50 calls his friend who pays him $10,000 this is an example of
monopoly profits
perfect competition
arbitrage
inelastic demand
oligopoly
elastic demand
None
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Industrial Relations in Canada
Authors: Fiona McQuarrie
4th Edition
978-1-118-8783, 1118878396, 9781119050599 , 978-1118878392
