Asked by
Taylor Roukey
on Dec 08, 2024
Verified
Voluntary exchange is a change that makes
A) some people better off and some people worse off.
B) nobody better off and nobody worse off.
C) everyone better off and nobody worse off.
D) some people better off and nobody worse off.
Voluntary Exchange
A transaction where both parties agree to trade goods or services by choice.
- Understand the importance of voluntary exchange and its effects on the well-being of society.
Verified Answer
JD
Learning Objectives
- Understand the importance of voluntary exchange and its effects on the well-being of society.