Which of the following principles underlies the gains from trade?
A)Resources are scarce.
B)Marginal analysis is used for "how much" decisions.
C)Resources should be used as efficiently as possible to achieve society's goals.
D)People usually exploit opportunities to make themselves better off.

Question

Quizplus · Accepted Answer

The Answer of Which of the following principles underlies the gains from trade?
A)Resources are scarce.
B)Marginal analysis is used for "how much" decisions.
C)Resources should be used as efficiently as possible to achieve society's goals.
D)People usually exploit opportunities to make themselves better off.

Which of the Following Principles Underlies the Gains from Trade