What are some benefits of voluntary exchange? What are the responsibilities?

Business

1 answer:

PtichkaEL [24]3 years ago

7 0

Answer:

The principle or model of voluntary exchange assumes that people will act based on self-interests. This is an important component of a healthy economy. If individuals in a market economy do not feel that they will benefit from the exchange, they would not be willing to make it.

Hope this helps!

You might be interested in

Two years ago, Conglomco stock ended at $73.02 per share. Last year, the stock paid a $0.34 per share dividend. Conglomco stock

Anni [7]

Answer:

Dollar return

= Closing price - Opening price + Divided

= $77.24 - $73.02 + $0.34

= $4.56

Percent return

= <u>Dollar return</u> x 100

Opening price

= <u>$4.56</u> x 100

$73.02

= 6.24%

Explanation:

The dollar return is calculated as closing price minus opening price plus dividend. The percent return is the ratio of dollar return to opening price multiplied by 100.

6 0

3 years ago

Explain why two employees at a company, earning the same gross pay, might have different net pays.

Orlov [11]

It would be depending on how they filled out their tax forms before starting the job. Some people may have children to claim on their tax returns and some people may only be able to claim only theirself .

4 0

3 years ago

Read 2 more answers

The Agriculture, Food, and Natural Resources career cluster is a group of careers focused on plants, animals, natural resources,

Natalija [7]

Answer:

Explanation:

It's the most resonable

B focues on a different career cluster

8 0

3 years ago

From a Group of 8 People, Including George and Nina, 3 people are to be selected at random to work on a certain project. What is