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    Microeconomics Theory and Applications Study Set 2
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    Exam 6: Exchange, Efficiency, and Prices
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    Which of the Following Must Be True for Voluntary Exchange
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Which of the Following Must Be True for Voluntary Exchange

Question 16

Question 16

Multiple Choice

Which of the following must be true for voluntary exchange to be mutually beneficial?


A) The parties to the exchange do not cheat
B) The presence of a middleman
C) The use of currency for exchange
D) All individuals are risk averse

Correct Answer:

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