The principle of voluntary exchange is the concept that a voluntary exchange between two people makes both people better off.

Question

Quizplus · Accepted Answer

The principle of voluntary exchange is based on the idea that when two parties engage in a voluntary exchange of goods or services, they do so because they both expect to benefit from the transaction. Therefore, both parties are better off as a result of the exchange.

The Principle of Voluntary Exchange Is the Concept That a Voluntary