What is voluntary exchange? (1 point)
A.Voluntary exchange is the free exchange of information in an economic system.
B.Voluntary exchange occurs when products or services are available without cost to the consumer.
C.Voluntary exchange occurs when consumers and producers can choose to compete in any market place.
D.Voluntary exchange is where buyers and sellers willingly choose to participate in transactions and both parties
receive a net benefit

Question

26-01-2022
Social Studies

contestada

What is voluntary exchange? (1 point)
A.Voluntary exchange is the free exchange of information in an economic system.
B.Voluntary exchange occurs when products or services are available without cost to the consumer.
C.Voluntary exchange occurs when consumers and producers can choose to compete in any market place.
D.Voluntary exchange is where buyers and sellers willingly choose to participate in transactions and both parties
receive a net benefit

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Answer: Voluntary exchange is the act of buyers and sellers freely and willingly engaging in market transactions. Voluntary exchange is a fundamental assumption in classical economics and neoclassical economics which forms the basis of contemporary mainstream economics.

Explanation: When you but someone’s hand and your hand together you will creat a voluntary. When you rob your hand on something the energy that is building up in there, will create a shock between you and the others people, friends, or even family members .