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22 November, 08:41

In voluntary exchange, if the seller of a product gains,

a. the buyer must lose an amount equal to what the seller gains.

b. someone else must lose an equal amount.

c. the buyer must also gain; mutual gain provides the foundation for exchange.

d. the buyer will generally lose an amount greater than the gain to the seller.

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  1. 22 November, 08:56
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    The answer to this question is C. The buyer must also gain; Mutual gain provides the foundation for exchange.
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