Alfonso and Jorge both collect baseball cards. Alfonso has a valuable and rare card that Jorge has been wanting for a long time. What must Jorge do to convince Alfonso to part with this card?

Question

Quizplus · Accepted Answer

Since Jorge wants a valuable and rare baseball card that Alfonso has, he must be able to offer Alfonso something he values enough to give up this card. Buyers and sellers must be able to communicate about the "something of value"
available to each. An exchange does not necessarily take place just because buyers and sellers have something of value to exchange. Each participant must be willing to give up his or her respective "something of value"
to receive the "something"
held by the other.

Alfonso and Jorge Both Collect Baseball Cards