𝑨𝒑𝒑𝒍𝒆📚🐍🦅 :
Goods are exchanged in the opposite way lol. If I want a pretzel, and you want two glasses of water, we need to find people, who have these goods. Suppose that I have two glasses of water, and you have one pretzel. For exchange to occur, the consequences of exchange must cause a more valuable and a satisfactory state of affairs. If we won't make an exchange, I will water, and you will have a pretzel, that is, they're satisfying us. For exchange to occur, we need to value our goods in the opposite way: both people must value the goods they get more than the goods they give. I must value a pretzel more than two glasses of water, so I would be able to satisfy myself. Because people also want something for return and seek to increase their satisfaction, you must value my two glasses of water rather than your pretzel. In both cases, the resources are misallocated, that is, they're in the hands of people, who value them less, and the opposite party. After the exchange, the resources are being allocated correctly, where property gets an owner, who values this good more than their previous owner.
2026-08-07 15:52:57