The price system features O A exchanges made in currency onl

The price system features O A. exchanges made in currency only. O B. an exchange in which consumer is made better off and the producer is made worse off. O C. voluntary exchange that makes both the consumer and producer better off. D. exchanges made only on a barter basis.

Solution

Answer is C. Voluntary exchange that makes both the consumer and producer better off.

EXPLANATION:

The Price mechanism helps in trading of commodity among producer and buyers as per their voluntary will after comparing the satisfaction and actual price paid.

 The price system features O A. exchanges made in currency only. O B. an exchange in which consumer is made better off and the producer is made worse off. O C.

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