When the law of one price is violated in that the same good is selling for two different prices, an opportunity for what type of transaction is created?

When the law of one price is violated in that the same good is selling for two different prices, an opportunity for what type of transaction is created?



a. return-to-equilibrium transaction
b. risk-assuming transaction
c. speculative transaction
d. arbitrage transaction
e. none of the above
Answer: D


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