A group of neighborhood couples forms a group in which they exchange date nights for babysitting each other's children.
a. A father hires a babysitter off
b. Care.com, an online market for childcare, for $22 an hour.
c. A mother provides a Saturday shopping trip to reward an older sibling for babysitting the week prior.
d. All answers are examples of gains from trade.
a. A father hires a babysitter off
b. Care.com, an online market for childcare, for $22 an hour.
c. A mother provides a Saturday shopping trip to reward an older sibling for babysitting the week prior.
d. All answers are examples of gains from trade.