210k views
3 votes
Why do buyers and sellers voluntarily work together?​

2 Answers

3 votes

Answer:

Sellers need buyers to make a profit. If sellers create goods and services that the buyer will need or want, they will buy it resulting in profit for the seller.

User Ehsan Anjum
by
5.2k points
6 votes

Answer:

The principle of voluntary exchange is based on consumers and producers acting in their self-interest. A voluntary exchange between a consumer and a producer makes both parties better off than they were before the exchange. For example: Both parties, you and the consumers, are better off because of the exchange.

User Riley Finn
by
4.7k points