When trade is voluntary,who benefits?
A) the seller
B) the buyer
C) No one benefits.
D) both the buyer and the seller
E) Trade is never voluntary.

Question

Quizplus · Accepted Answer

When trade is voluntary, both the buyer and the seller benefit because they both value what the other has more highly than what they are giving up. If either party did not benefit, they would not voluntarily engage in the trade. Therefore, voluntary trade is mutually beneficial.

When Trade Is Voluntary,who Benefits