An option that gives the owner the right to buy a financial instrument at the exercise price within a specified period of time is a

The marginal cost curve intersects the average fixed, average variable, and average total cost curves all at their minimum points

Indicate whether the statement is true or false

The act of buying a commodity in one market at a lower price and selling it in another market at a higher price is known as:

a. selling short. b. buying long. c. arbitrage. d. a tariff.