QUESTION IMAGE
Question
most markets are based on ____________ exchange. * 10 points
optional
voluntary
involuntary
forced
Brief Explanations
In a market - based economy, transactions typically occur through the free - will of buyers and sellers. Voluntary exchange means that both parties choose to engage in the trade because they expect to benefit. Optional is too general, involuntary and forced exchanges go against the nature of most market transactions.
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B. voluntary