question 1 of 10\nwhat is the voluntary exchange of goods and services?\nsurplus\ntrade\ntaxes\nscarcity
question 1 of 10\nwhat is the voluntary exchange of goods and services?\nsurplus\ntrade\ntaxes\nscarcity
Answer
Brief Explanations:
Trade is defined as the voluntary exchange of goods and services between parties. A surplus refers to an excess of production or supply. Taxes are compulsory payments to the government. Scarcity is the limited availability of resources.
Answer:
B. Trade