Multiple Choice
Voluntary exchange ________ economic efficiency because neither the buyer nor the seller would agree to a trade unless ________.
A) increases; they both benefit
B) increases; only one party benefits
C) decreases; neither benefit
D) decreases; they both benefit
Correct Answer:

Verified
Correct Answer:
Verified
Q18: What is a marginal benefit?
Q45: Suppose a town can earn an additional
Q46: One reason some manufacturing companies have moved
Q47: _ is a problem that occurs when
Q48: Which of the following is an example
Q51: Soo Jin shares a one-bedroom apartment with
Q52: All centrally planned economies<br>A)have been political dictatorships.<br>B)started
Q53: Figure 1-4<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4193/.jpg" alt="Figure 1-4
Q54: Which of the following is motivated by
Q55: The basic economic problem of _ has