Examlex
Which of the following is a characteristic of earthworms?
Voluntary Exchange
is a transaction where parties trade goods or services by mutual agreement, each benefiting from the exchange.
Private Property Rights
The legal rights to possess, use, and dispose of assets such as land, buildings, or personal items, protected under the law.
Comparative Advantage
The ability of a country or individual to produce a good or service at a lower opportunity cost than another.
Travel Costs
are expenses incurred by individuals or businesses related to traveling, such as transportation, lodging, and meals.
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