Business, 29.01.2021 03:40, tinagibbs98
The phrase gains from trade refers to the: increase in total output that is realized when individuals specialize in particular tasks and trade with each other. profits obtained from sales of a good or service. gains that one obtained by taking advantage of an uninformed buyer and selling at a higher than average price. gains that one obtains by taking advantage of a temporary discount, or sale price.
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