In voluntary exchange, if the seller of a product gains,
A) the buyer will generally lose an amount greater than the gain to the seller.
B) the buyer must lose an amount equal to what the seller gains.
C) someone else must lose an equal amount.
D) the buyer must also gain; mutual gain provides the foundation for exchange.

Question

Quizplus · Accepted Answer

In a voluntary exchange, both the buyer and the seller expect to gain from the transaction. The buyer values the product more than the money they pay, and the seller values the money more than the product they sell. This mutual benefit is the foundation of voluntary exchange.

In Voluntary Exchange, If the Seller of a Product Gains