Answer to Question #35445 in Economics of Enterprise for adnilem

Question #35445
adams smiths talk about Truck, Barter, and Exchange here are some questions:

What is meant by "Truck,Barter, and Exchange"?

Why are transactions in a market not independent of each other?

Where do prices come from? Why is competition an important part of this process?
1
Expert's answer
2013-09-26T07:36:41-0400
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