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A Supplier Wants to Make a Profit by Buying Gold

Question 32

Multiple Choice

A supplier wants to make a profit by buying gold by weight at one altitude and selling it at the same price per kilogram at another altitude. The supplier should


A) buy at a high altitude and sell at a low altitude.
B) buy at a low altitude and sell at a high altitude.
C) disregard altitude because it makes no difference.

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