D) Isabella agrees to fix Miguel’s sink if Miguel paints Isabella’s porch, this is an example of bartering, which is a form of interaction outside of a market.
The example of bartering given in this scenario is a clear example of a person interacting outside of a market. Bartering is a form of exchange that does not rely on money, but rather on goods, services, or some combination of the two. It is an ancient form of trade that has been around for centuries and still continues to be practiced today.
In this instance, Isabella agrees to fix Miguel’s sink if Miguel paints Isabella’s porch. This is an example of bartering where both parties are exchanging something of value that is beneficial to both of them. Isabella is getting her porch painted and Miguel is getting his sink fixed without having to pay money for either service. This is advantageous to both parties, as they both benefit from the exchange without having to spend money.
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