Dale is a guitar teacher and Terrence is a tile layer. If Dale teaches Terrence's daughter to play the guitar in exchange for Terrence tiling Dale's kitchen floor,
A)only Dale is made better off by trade.
B)only Terrence is made better off by trade.
C)both Dale and Terrence are made better off by trade.
D)neither Dale nor Terrence are made better off by trade.

Question

Quizplus · Accepted Answer

Both Dale and Terrence benefit from the trade because each receives a service they value (guitar lessons and tiling work) without having to pay cash, making both parties better off.

Dale Is a Guitar Teacher and Terrence Is a Tile