Matt offers economics tutoring services to his classmates for a fee. Since this voluntary trade took place, we can assume that ...
Question 8 options:
a)
his classmates are better off, but Matt is worst-off.
b)
both benefit by earning money in exchange for expertise.
c)
both Matt and his classmates are neither better off nor worst- off.
d)
Matt is better off, but his classmates are worst-off.