Explain how at the moment of exchange both by Dr. Robert Murphy

Question 13 / 96: Explain how, at the moment of exchange, both parties in a voluntary trade expect to benefit from it.

Answer:

If a trade is voluntary, it means that both parties agree to it, that

neither is being forced into making the trade. Therefore, it must be

the case that each party expects to benefit from it in some sense.

Sample Partial Credit Answer

People are usually pretty good at knowing what they like.

Sorry No Instant Evalutaion available for this question

<< First < Previous Flashcard Next > Last >> Test Home Page

https://www.jobilize.com/capitalism-the-market-economy-by-dr-robert-murphy-mises

Capitalism: The Market Economy

Access: Public Peer Review

Dr.Robert MurphyAssociated Scholar

Mises Institute

USA

Attribution: Dr. Robert P. Murphy, Lessons for the Young Economist. (Mises Institute), http://mises.org/document/6215/Lessons-for-the-Young-Economist (Accessed 04 April, 2014). License: Creative Commons BY

Ask

	Nutrition and Chronic Disease- Test 2 By Madison Christian Start Flashcards
	Microeconomics By OpenStax Read Online Course
	4 Microeconomics 04 Labor Financial Markets By OpenStax Start Flashcards
©flickr: Aaron	Computer Literacy Exam 1 By Lakeima Roberts Start Quiz
	Anthropology Life Cycle By Richley Crapo Start Assignment
	Classical Music By Marion Cabalfin Start Quiz
	19 Sociology 19 Health and Medicine MCQ By OpenStax Start Quiz
	Introductory statistics By OpenStax Read Online Course
	American Politics MCQ By Nicole Bartels Start Quiz
	14 AP 14 Brain Cranial Nerves Essay By OpenStax Start Flashcards

Copy and paste the following HTML code into your website or blog.