Voluntary Exchange

Thoughts on a free market economy… 

“Voluntary Exchange”

By  Phyllis Hunsinger

November 19, 2013            

 Each time we go to the grocery store, a restaurant, or a fast-food service there appears to be an abundance of food available.  Have you ever wondered how this bountiful supply exists?  How do the managers know how much food to put on the shelves, in the storerooms, and on the menus?

Supply and demand might be a quick answer to the above question; however, what does that mean?  Supply is the amount …

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