Two-point arbitrage involves profiting from price differences in two geographically different markets

Select one real company located in your home state. Identify at least four different types of stakeholders in this company

What will be an ideal response?

A perfect market is one in which:

A) there are no competitive advantages or asymmetries because all firms have equal access to all the factors to production. B) one firm develops an advantage based on a factor of production that other firms cannot purchase. C) one participant in the market has more resources than the others. D) competition is at a minimum, as each niche market within an industry is served by the company with the greatest competitive advantage.