The whalers are interested in trading their star left tackle. he is a veteran and makes $1.6 million per year. they are considering signing a player from another team who makes $1 million per year. how much money would they save by trading their current left tackle and signing the player from the other team for three years?

They would save $1.8 million by trading their current left tackle and signing the player from the other team for three years.

Explanation:

The veteran makes $1.6 million per year and the player they are considering to sign makes $1 million per year. The difference between them is:

$1.6 million-$1 million= $0.6 million

If they trade their current left tackle and sign the player from the other team, the Whalers will save $0.6 million for year. So, for three years it will be:

$0.6 million*3= $1.8 million

im confused need to go into details plz thx

the answer would be voluntary exchange -

"the act of buyers and sellers freely and willingly engaging in market transactions. moreover, transactions are made in such a way that both the buyer and the seller are better off after the exchange than before it occurred."

hope this : )

-shy