Respuesta :
According to voluntary exchange, if a lifeguard takes a job paying $12.00 per hour then the lifeguard values the $12.00 more than the time he could be doing something else.
The act of sellers and buyers freely and voluntarily engaging in trading activity is known as voluntary trade. The cornerstone of today's mainstream economics is the idea of voluntary exchange, which is a key tenet of both classical and neoclassical economics That is, neoclassical economists presume that voluntary trade happens when they think about the environment.
Based on this premise hour , macroeconomics goes on to draw a number of important implications, along with the productivity of market activity, the net advantages of free trade, and the fact that economic agents benefit by participation in markets freely. Notably, neoclassical economists reject the Marxist notion of labor exploitation as a conceivable under neo classically defined capitalism, basing their reasoning on the assumption of free markets.
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