Trade benefits people only when they together produce more goods or services.
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Q31: Aaron's budget is such that he can
Q32: The opportunity cost of attending college
A)is zero
Q33: Gains from voluntary trade arise because
A)it reallocates
Q34: A voluntary exchange of existing consumer goods
Q35: A college student faces no opportunity cost
Q37: Maria has two options to spend her
Q38: The opportunity cost of a choice is
Q39: In economics, choices are made based on
A)benefits
Q40: Of the following individuals, who bears the
Q41: When people specialize in the activity in
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