0 to sell something that you previously bought:
He buys up run-down properties, fixes them up and resells them.
1 to sell something that you previously bought:
2 to sell something that you previously bought:
Nothing is said about how the system behaves if agents are allowed to combine and resell goods in which case goods will have common values.
Merchants make profits from reselling goods at a higher price than the original purchase price, but they do not produce.
Producers constantly sell and resell them on the second-hand market, and computerized 'soft-synth' replicas are also widely available.
Therefore, in large systems reselling may be necessary even though it causes speculation opportunities.
The complex issues of self-interest were avoided by assuming that it is illegal to resell the resources and that agents treat prices as exogenous.
Another common practice was investing in jewelry offered as a gift to a spouse, on the understanding that she would resell it quickly in case of need.
The host party can use this technology as it wishes, in particular to produce further emission reductions that it may resell on an international emission credit market.
An agreement to resell at a certain price is a freely negotiated agreement.
