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From an economic perspective, do you agree or disagree with this statement: If people are independent...

From an economic perspective, do you agree or disagree with this statement: If people are independent parties, no transaction takes place unless both parties benefit.

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Answer #1

"True"

People will buy something only when they see some benefit from the goods and the person selling it wil sell it only when they are profiting from the sale. if there is a loss, the transaction will not be carried out most of the time.

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