Multiple Choice
In the mind of Adam Smith,what is true if person A voluntarily sells a good or service and person B voluntarily buys it?
A) A will benefit but B may or may not benefit.
B) B will benefit but A may or may not benefit.
C) Both A and B would benefit.
D) It is possible that both will benefit or that neither will benefit.
Correct Answer:

Verified
Correct Answer:
Verified
Q156: Below is production possibilities data for the
Q157: Below is production possibilities data for the
Q158: Table 13.14 shows the output of kumquats
Q159: Table 13.14 shows the output of kumquats
Q160: Below is the productivity per worker (kilos
Q162: Table 13.14 shows the output of kumquats
Q163: Table 13.14 shows the output of kumquats
Q164: Figure 9.10 shows the market for cloth
Q165: What could cause the terms of trade
Q166: Table 13.14 shows the output of kumquats