Editing Talk:1499: Arbitrage
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In a nutshell, arbitrage is when you see a price disparity between two markets and you buy from one at a low price, and immediatly sell to the other at a profit. The distinct factor between this and normal trade is that the agent does not maintain an inventory, and the profit is not through interest or maket scarcity. In the case of the comic, the purchase of the chips is at no cost, and presumably he's bagging the chips to resell to the restaurant. [[Special:Contributions/108.162.216.192|108.162.216.192]] 21:19, 16 March 2015 (UTC) | In a nutshell, arbitrage is when you see a price disparity between two markets and you buy from one at a low price, and immediatly sell to the other at a profit. The distinct factor between this and normal trade is that the agent does not maintain an inventory, and the profit is not through interest or maket scarcity. In the case of the comic, the purchase of the chips is at no cost, and presumably he's bagging the chips to resell to the restaurant. [[Special:Contributions/108.162.216.192|108.162.216.192]] 21:19, 16 March 2015 (UTC) | ||
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The title text could be in reference to "There Ain’t Such A Thing As a Free Lunch" (economic concept of arbitrage-freeness). [[Special:Contributions/141.101.92.84|141.101.92.84]] 00:15, 17 March 2015 (UTC) | The title text could be in reference to "There Ain’t Such A Thing As a Free Lunch" (economic concept of arbitrage-freeness). [[Special:Contributions/141.101.92.84|141.101.92.84]] 00:15, 17 March 2015 (UTC) |